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NBU First Deputy Head Kateryna Rozhkova said this in an exclusive interview with Ukrinform.

"I would not make any forecasts over time so as not to form certain 'super expectations' that are then always very difficult to explain. First of all, we are talking about a three-year program," she said.

According to her, negotiations are currently underway on a major program that is longer in scope and time than the previous one. Therefore, it is important now to discuss all the conditions of the IMF and clearly understand what is behind certain obligations for Ukraine, so that there are no misunderstandings during the implementation, she said.

"We very much hope that this year we will conclude [the talks] and reach a staff-level agreement this year, sign a memorandum, and an IMF team working with us will be able to submit to the IMF Executive Board everything needed for the approval of the program," Rozhkova said.

She noted that the total amount of funding under the program is not discussed at this stage.

"First and foremost, we need to calculate needs. We know that large payments and expenditures related to public debt servicing are planned for the next two years. But this year we see a record inflow of foreign investors into our domestic market, which has brought us foreign exchange earnings," she said.
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