IMF mission starts discussing new program for Ukraine
Ukraine reports 5,276 new COVID-19 cases Zelensky: Every third Ukrainian considers road construction one of greatest achievements of 2021 Ukraine ready to implement Minsk agreements, but Russia's desire needed - Yermak Michel: EU unanimously agree to roll over economic sanctions against Russia Actions by Ukraine's partners will help prevent worst-case scenario - Zelensky COVID-19 in Ukraine: Health officials confirm 8,899 daily cases as of Dec 17 Macron tells Zelensky he declared support for Ukraine in call with Putin Zelensky, Scholz discuss gas transit through Ukraine after 2024 Ukraine ready for any format of talks with Russia - Zelensky Ukraine’s only journalist in Russia facing extremism charges - lawyer PM Shmyhal: First two applications for investment projects worth $96 million filed Zelensky, PM of Italy discuss security situation around Ukraine President signs off State Budget 2022 London considering all options for responding to Russia's aggression against Ukraine Putin, Biden to hold another round of talks Some 260,000 Ukrainians “victims of human trafficking” over 30 years - prosecutor general Ukraine plans to create center to protect energy infrastructure from cyber attacks No clear idea so far when Normandy Four top diplomats set to meet - German Ambassador Ukraine receives EUR 600M in macro-financial assistance from EU Zelensky holds phone conversation with PM of Israel Ukraine sets new daily COVID vaccination record MFA: European Union has not yet removed Ukraine from list of safe countries Kyiv records 1,023 new COVID-19 cases, 29 deaths G7 ambassadors welcome adoption of law on NABU status Ukraine can increase Covid vaccination rates to 1.5M a week – Liashko

A mission from the International Monetary Fund (IMF) has begun discussing a new three-year program for Ukraine that could be supported under the Extended Fund Facility (EFF), the IMF Resident Representative Office in Ukraine has said in a press release, following the mission's visit to Ukraine.
According to the statement, discussions on the new program will continue in the coming weeks.

"The mission has had productive discussions on policies for a new program these last two weeks, especially on fiscal and monetary policies, as well as key reform measures. It also underscored the importance of central bank independence and safeguarding financial stability, as well as the need to make every effort to minimize the fiscal costs of bank resolutions," the IMF said.

The Ukrainian Finance Ministry said on September 26 that negotiations between Ukraine and the IMF on the new program were in an active phase. The ministry noted that a 14-month Stand-By Arrangement currently remained in force. It was developed as a transitional program to promote Ukraine's macroeconomic stability during presidential and parliamentary elections.

The IMF mission arrived in Kyiv in mid-September to discuss cooperation.

Ukrainian President Volodymyr Zelensky said at a meeting with IMF First Deputy Managing Director David Lipton in early July that cooperation with the IMF remained a priority for the Ukrainian authorities.

The National Bank of Ukraine stated that Ukraine should sign a new long-term cooperation program with the IMF for the total amount of $5-10 billion. The first tranche under the new IMF program, according to NBU forecasts, could be transferred by the end of 2019. The NBU expects it to be about $2 billion.

The IMF's previous 14-month Stand-By Arrangement for Ukraine was approved at the end of 2018. It provided for the allocation of three tranches. Ukraine received the first and only IMF tranche under this program on December 21, 2018.