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IMF Mission to arrive in Ukraine to decide whether to give $ 17.5 billion

The Mission of the International Monetary Fund will arrive in Ukraine on May 12 to evaluate the implementation of the program for increased funding. It was reported by Valeriya Hontareva, the head of the National Bank of Ukraine, at the meeting with bankers.

Hontareva reported that the official Ukrainian delegation in Washington held a meeting with the colleagues from the central banks of China, Sweden, Poland, and the Netherlands, Joinfo.ua reports with reference to the NBU's page on Facebook.

"There were also held the meetings with Christine Lagarde, the IMF Managing Director, and with representatives of the IMF mission in Ukraine, which will begin its work on May 12. Everyone points out that Ukraine demonstrates clear progress in reforming the economy in general and the financial sector in particular," Hontareva said.

According to her, the stabilization of the foreign exchange and deposit markets gives rise to the gradual liberalization on the market of deposits of physical persons, as well as cancellation of a number of restrictions on the foreign exchange market. Hontareva noted that the National Bank proposed the Ministry of Finance and the IMF to reduce the rate of taxation of income from deposits of natural persons from 20% to 15%. In order to compensate the earnings included in the budget of 2015, the NBU proposed 15% rate for all types of passive income of individuals, including dividends and interests on government securities.