A new mission of the International Monetary Fund (IMF) will start on November 11 and will probably last until November 17, NBU head Andriy Pyshny said.
“Final arrangements will be formulated based on the results of the second mission, which will start on November 11. We plan that it will last until November 17,” he said during a press briefing on Monday.
According to his words these technical discussions with the participation of him and the Minister of Finance will have to work out the program outline which will form the basis of the NBU action plan for the coming years and, probably, will be the basis of the extended financing program which the Ukrainian team hopes for.
He reminded that last month the work within the frames of the IMF mission held in Vienna had started. On it the NBU and the IMF consolidated the position of monetary and fiscal policy, Pyshny noted.
“In Vienna there were very substantive and, I won’t say simple, but very constructive discussions on the whole range of issues related to the macroeconomic situation, currency policy, credit and monetary relations, financial stability, fiscal consolidation of interaction between the government and the NBU, the need for more active interaction in financing the needs of the Ukrainian budget, domestic debt market”, – said the NBU head.
