A group of visiting International Monetary Fund (IMF) experts began here Tuesday assessing Ukraine's condtions before the institution could resume a suspended 15-billion-U.S. dollar funding program for the East European country. During their stay till Nov. 4, the experts are expected to meet government and central bank officials to check whether Ukraine has met the IMF's requirements of cutting budget deficit, adopting pension reform and increasing household gas prices. According to some Ukrainian officials, Kiev completely fulfilled two of the above-mentioned preconditions. The issue of increasing gas prices remains open. The IMF approved a standby program for Ukraine in July 2010 and since then Kiev has received two tranches of funding. But in February 2011 the program was suspended. The Ukrainian government said the next two tranches of the funding can be combined, which will replenish the foreign exchange reserves of Ukraine's National Bank with about 3 billion dollars.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor