Next IMF tranche to Ukraine not postponed - Poroshenko
The next tranche from the International Monetary Fund (IMF) under the EFF program will be received as scheduled, President of Ukraine Petro Poroshenko has said.
"Has the IMF tranche been postponed? No, and it will be obtained. Period!" the president said at a press conference in Kyiv.
According to him, the memorandum on economic and financial policy within the EFF program is now being discussed.
Poroshenko said the information of "some irresponsible politicians" about the memorandum allegedly signed by Ukraine is untrue.
An informed source close to the negotiations with the IMF told Interfax-Ukraine after the fund mission's work in Kyiv the middle of May within the second review of the EFF program, Washington sent its version of the draft memorandum to Kyiv late last week, afterwards Ukraine started working on it.
It is assumed both sides will discuss the document in the course of a meeting of the regional groups of IMF member states and the World Bank (WB) that started in Kyiv on June 3 and will last until June 5. First Deputy Managing Director of the IMF David Lipton has arrived at the meeting.
According to him, if the talks are successful, Ukraine will be able to sign the draft memorandum next week and send it to the fund. The current schedule of arrangements suggests if Kyiv fulfils all of the preliminary conditions the IMF Executive Board will approve the second revision of the EFF program for Ukraine in early July and will issue the third tranche of $1.7 billion.
