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Decision on next IMF tranche for Ukraine could be taken before March 22

Decision on next IMF tranche for Ukraine could be taken before March 22Ukraine and the International Monetary Fund (IMF) reached agreements on the third revision under the Extended Fund Facility (EFF) program, within which a decision on the allocation of the next tranche for Ukraine could be taken between March 20 and 22.

Ukraine’s Finance Minister Oleksandr Danyliuk said this after meeting with IMF representatives in Washington, Ukrinform reported.

"The final date for a meeting of the Board of Directors [of the IMF] must be finally decided now, most likely, it will be on [March] 20-22, maybe little bit later…," the Ukrainian Finance Minister said.

He explained that according to the procedure, the meeting of the IMF Board of Directors is held not earlier than two weeks after the signing of an updated memorandum of understanding. The minister also stressed that all parties had reached a mutual understanding.
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