Date: 2 weeks ago   Category: Financial

The National Bank expects a tranche from the IMF till Christmas


The new tranche of the International Monetary Fund within the new program has to arrive within ten working days till Christmas. The National Bank of Ukraine expects that the new tranche of the International Monetary Fund within the new program of reserve support will arrive within ten working days till Christmas. The chairman of the NBU Yakov Smoly said it in an interview to Reuters. "Ukraine performed all preparatory operations, there were only bureaucratic procedures", - the head of National Bank told. At the same time Smoly did not specify on what volume of a tranche he expects, but emphasized that it will help the regulator to increase currency reserves to 19.2 billion dollars from the present level of 17.8 billion dollars. Earlier the Cabinet of Ukraine approved drafts of the letter on intentions and the memorandum of cooperation with the International Monetary Fund according to the Stand-Vy program. Before this IMF confirmed readiness to work with Ukraine according to the new Stand-By program. Also it was reported that key indicators of the state budget of Ukraine for 2019 conform to requirements of the International Monetary Fund. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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