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IMF loan tranche for Ukraine delayed

The Executive Board of the International Monetary Fund (IMF), Ukraine's key creditor, has not included the Ukrainian issue on the agenda of its upcoming meetings scheduled until July 29 (inclusive).
IMF loan tranche for Ukraine delayed

It is reported that the IMF’s executive directors will review the economic situation in 10 countries, including China, Ireland, Korea and the United Arab Emirates, as well as Afghanistan and several African countries. Ukraine, however, is not included in the list, Joinfo.ua reports with reference to UNIAN.

Earlier, IMF Chief Spokesman Gerry Rice stated that the meetings of the IMF’s executive directors will resume only in late August-early September, following the traditional three-week vacation.

According to Rice, the Ukrainian issue, which involves the second review of the cooperation program, approved in March 2015, may take place in September.

At the same time, Ukrainian Prime Minister Volodymyr Groysman argued that the country had fulfilled all the key requirements of the reform program, concerning both the government and the parliament, and expected the disbursement of the third $1 billion tranche.