Ukraine and international monetary Fund agreed at the working level about how to back loan for 18 months, which will open Kyiv access 3, 6 billion SDR, equivalent to 5 billion dollars, is informed in the report of the Fund.
"New SBA with the requested access to 3, 6 billion SDR (equivalent to $5 billion) aimed at ensuring balance of payments and budget support to help the authorities to combat the effects of shock from COVID-19" - said the head of the team of negotiators from the IMF Ivanna Official of gollar.
in her expressions, the Fund's management will look at the contract in the coming weeks.
before the Minister of Finance, Sergei Marchenko said that Kiev will have the opportunity to continue the dialogue with the IMF on a payment program stand-by five billion over the 2020-2021 years without the adoption of the law on banking regulation.
This law is one of conditions for continuation of cooperation with the IMF. The new rule should regulate the withdrawal of insolvent credit institutions and were not allowed to return to their former owners.
Glad 13 may adopted the draft law at an extraordinary meeting, the document was supported by 270 MPs with the necessary minimum of 226 votes. Director Vladimir Zelensky signed the document on 21 may. The new law, for example, will make it impossible to return to his former PrivatBank owner Ihor Kolomoisky.
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