Finance
creditsUkraine holding talks on expansion of Stand-By Arrangement with IMF
The Ukrainian government is holding negotiations with the mission of the International Monetary Fund on the expansion of the Stand-By Arrangement under which the IMF in spring 2014 approved the provision of $17.1 billion to Kyiv, Economic Development and Trade Minister Aivaras Abromavicius has said.
"We'd like to expand the arrangement and we're making calculations," he said at a briefing in Kyiv on Wednesday, commenting on the talks started with the IMF mission.
The IMF Mission arrived to Kyiv and will work until December 18, 2014.
The minister said that the mission has held first meetings with the National Bank of Ukraine, Finance Ministry and the Economic Development and Trade Ministry and the situation in the country has been assessed in general.
He did not additionally comment on the possible expansion of the Stand-By Arrangement with the IMF.
"It is too early to declare the concrete figure from the moment of holding negotiations with the IMF. Negotiations are underway and they will finish on December 18. You will know everything in coming days," Abromavicius said.
Design, style, and all the contents of website www.capital.uaare protected by copyright and law. Any use of site materials is allowed only while meeting the requirements of reprinting terms and with the reference to www.capital.ua.Only materials in public domain can be used and adding of link and/or direct hyperlink open for search engines to immediate material address on www.capital.ua. The link/hyperlink should be placed in the sub-title or in the first paragraph of the material. Font size of the link or hyperlink should not be less than the font size of the main text in the material. Any use of materials that are in closed access and are only available to registered users is allowed only with the prior written permission of the copyright owner. Reprinting, copying, reproducing, modifying or any other use of materials published with the note 
of the agreement of syndication with Financial Times Limited are strictly prohibited. Use of materials which refers to France-Presse, Reuters, Interfax-Ukraine, Ukrainian News, UNIAN agencies is strictly prohibited. Materials marked 
are published as advertisements.
All rights reserved. © 2012 — 2016