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IMF notes some progress in talks with Ukraine

IMF notes some progress in talks with Ukraine
11 of June 2021 г.
The International Monetary Fund remains "closely engaged" with Kyiv in the context of the first review of the Stand-By Arrangement and notes "some progress" in obtaining the next tranche, but says more needs to be done.

IMF Spokesperson Gerry Rice said this at a briefing in Washington on Thursday, June 10, according to an Ukrinform correspondent.

"We remain, I should say, closely engaged with the Ukrainian authorities on progress towards concluding that first review. That means discussions around implementing the policies and reforms in that program," he said.

Rice specified that discussions were underway on strengthening the governance of the National Bank, improvements to the legislative and regulatory framework for bank supervision and resolution, policies to reduce the medium-term fiscal deficit, as well as legislation restoring and strengthening the anti-corruption framework, and the judiciary.

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