The International Monetary Fund (IMF) has officially started discussion in Ukraine for the next tranche disbursement. IMF says it has started working the second review of the fund-supported program, the international financial institution made this revelation on February 23.
Ukraine is looking forward to the continuation of cooperation with the IMF. IMF confirmed that markets have been greatly affected by the tensions between Russia and Ukraine and the talks will result to a disbursement of $700 million under its $5 billion IMF programme.
“The IMF mission, led by Ivanna Vladkova Hollar, starts discussions today with the authorities on the second review of the Fund-supported program,” said IMF’s resident representative in Ukraine, Vahram Stepanyan.
In addition, Stepanyan said the mission will be conducting its meetings virtually.