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IMF experts start working in Kyiv

IMF experts start working in Kyiv
20 of February 2020 г.
Experts of the International Monetary Fund (IMF) have started working in Kyiv, according to IMF Resident Representative Office in Ukraine.

"A team of IMF experts, led by Mr. Ron van Rooden, began its work in Kyiv," reads the statement - Ukrinform.

The deadline for the visit was not specified.

Earlier, IMF Resident Representative in Ukraine Goesta Ljungman said that a team of IMF experts would visit Ukraine for technical consultations on policies to achieve growth and ensure stability in the country's economy.

On January 18, 2020, IMF Managing Director Kristalina Georgieva said that Ukraine should fulfill preliminary requirements for the launch of a new Extended Fund Facility (EFF) program worth $5.5 billion.

According to her, Ukraine and the IMF have reached a staff-level agreement that stipulates the fulfillment of certain preliminary requirements.

In December 2019, the IMF agreed with the Ukrainian government on a new three-year EFF program for 4 billion Special Drawing Rights (SDRs), or about $5.52 billion.

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