The Finance Ministry could not name the date of signing of the Memorandum with the IMF

the Government of Ukraine still not agreed on the text part of the Memorandum, which must be sent to the headquarters of the International monetary Fund in Washington for the completion of the second review of the program of reforms adopted in March 2015. Therefore, the exact date of the signing of the Memorandum is still not known, confirmed at the Ministry of Finance. It is reported . «To date, the work on harmonization of the text. Each specialized Ministry is reviewing its part and clarifies the wording. Once this process is complete, it will be possible to talk about the signing of the Memorandum. There is no final deadline – the text must be agreed by all parties. We are not ready to name the exact date», – said the Deputy Finance Minister Roman Kachur. The next tranche of Ukraine can count only after the signing of the Memorandum, he added. On 10 February, the managing Director of the IMF Christine Lagarde said that the Fund would be difficult to continue cooperation with Ukraine without fight against corruption. She also expressed concern about "slow progress demonstrated by Ukraine in improving public administration, fighting corruption and reducing the influence of vested interests on policy". The managing Director of the IMF stressed that the actions of the leaders of Ukraine should be returned to the state ’s encouraging reforms". Now Ukraine and the IMF agree on a Memorandum of second review of extended Fund facility. By resolution of the Board of Directors of the Fund, Ukraine will receive or will not receive the third tranche in the amount of 1.7 billion dollars.

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Source: http://uzinform.com.ua/

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