IMF to consider allocation of tranche to Ukraine on Sept 14

IMF to consider allocation of tranche to Ukraine on Sept 14

According to the updated agenda, the second review under the Extended Fund Facility will be held on September 14. In addition, the Fund will assess the effectiveness of the current stand-by arrangement for Ukraine which was approved in 2014 and is worth over 17 million US dollars. President of Ukraine Petro Poroshenko has already said he expects a positive decision from the IMF, following his conversation with managing director Christine Lagarde.