Business news from Ukraine

IMF MISSION DECIDES TO CONTINUE DISCUSSION WITH UKRAINE ON SECOND REVIEW UNDER EFF

5 October , 2015  

KYIV. Oct 5 (Interfax-Ukraine) – The mission of the International Monetary Fund (IMF) visited Kyiv during September 22 – October 2 and decided to continue discussions with Ukraine on the second review under the Extended Fund Facility Arrangement (EFF) in support of the authorities’ economic reform program, IMF said in a press release.

“The mission held constructive discussions with the authorities on policies needed to complete the second review under the EFF arrangement. Understandings were reached on most issues. However, as the authorities still need more time to fully flesh out their policy proposals for 2016 in some areas, discussions will continue in the coming weeks,” reads the press release, citing IMF mission chief for Ukraine Nikolay Gueorguiev.