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IMF experts to arrive in Kyiv to consider project of 2018 draft budget

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Technical mission of the] (IMF) will visit Ukraine on November 9-17. It is claimed at the statement of Kyiv Representative Office of the IMF.
‘The group of a few IMF experts will visit Kyiv from November 9 until November 17 to hold the technical discussion of the draft budget project for 2018’, Gosta Ljungman, the Representative of the IMF to Ukraine claimed.

The government expects that the draft budget project will be considered in the first reading by the Verkhovna Rada on November 14-17.

The loan program in the amount of 17.01 billion dollars was approved by IMF for Ukraine in April 2014 and the first stand by tranche in the amount of 3.19 billion dollars was allocated in May 2014.

The EFF program was opened in March 2015 and it is aimed for four years. The total amount of the program is 17.11 billion dollars. The first tranche of five billion dollars provided the review of the program in every three months. Three tranches of 1.63 billion dollars were allocated in 2015 and the tranches in 2016-2018 should be allocated every three months in the amount of 0.61 billion dollars.
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