You're reading: Ukraine waiting for IMF mission to visit country in late October or early November

The mission of the International Monetary Fund (IMF) could visit Ukraine in late October or early November, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.

“The IMF mission could arrive in late October or early November,” she said at a press conference in Kyiv on Thursday, Oct. 16 devoted to the visit of an annual meeting of the IMF and the World Bank.

Gontareva said that the Ukrainian delegation in Washington received a broad support.

“Unprecedented aid from all sides,” she said.

She said that such aspiration should be coordinated. Gontareva said that the active work on building the relevant site has been started.

She said that the possibility of moving the terms of the provision of disbursements from the IMF is considered if the country’s balance of payment worsens.

As reported, the IMF Executive Board on April 30 approved a two-year SBA worth $16.67 billion for Ukraine. Early in May, the IMF transferred the first tranche worth about $3.2 billion. Initially, second-fourth tranches were expected to be allocated on July 25, Sept. 25 and Dec. 15, 2014 in the amount of nearly $1.4 billion each.

However, Ukraine received a second loan tranche from the IMF just in early September. That’s why the organization decided to combine next two tranches in one and provide them by the end of 2014.