Cyprus Mail
BusinessInternationalRussia

IMF starts discussions in Ukraine for next tranche disbursement

imf russia ukraine

The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the Fund-supported programme, the global lender said on Wednesday.

Ukraine hopes that the continuation of cooperation with the IMF can reassure markets that have been rattled by tensions with Russia and that the talks will result in 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,” Vahram Stepanyan, the IMF Resident Representative in Ukraine, said in a statement.

He added, that the mission will be conducting its meetings virtually.

Follow the Cyprus Mail on Google News

Related Posts

Cyprus travel agents pleased with tourist arrivals so far

Souzana Psara

Top analyst predicts Algotech will follow in the footsteps of Solana and Ripple

CM Guest Columnist

SEC’s recent Uniswap decision surprises experts, Celestia & new AI Altcoin set to launch with a bang

CM Guest Columnist

Cypriot capital markets to benefit from EMTN dual-listing

Kyriacos Nicolaou

Greek economy surges after decade of pain

Reuters News Service

Ryanair expects to receive 40 Boeing planes by mid-July

Reuters News Service