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Lagarde expects Ukraine to meet the provisional terms of the new IMF program no later than 10 December



The IMF fund will meet to discuss a new financing program for Ukraine immediately after Kiev meets the provisional conditions, said IMF chief Christine Lagarde.

The head of the International Monetary Fund (IMF), Christine Lagarde, expects Ukraine to meet the conditions for entering a new standby funding program by 10 December. She stated this after telephone conversations with Ukrainian President Petro Poroshenko, according to the organization's website.

Lagarde added that immediately after this, the Board will meet to discuss the new program. She stressed that she had a constructive conversation with Poroshenko.

"The President informed me of the key parameters for the budget for 2019, recently approved by Parliament and now being handled by IMF staff. The preliminary assessment is satisfactory. It is expected that the process will be completed soon," she said.

On November 15, Ukraine's Prime Minister Volodymyr Groysman expressed hope that Ukraine would receive a new part from the IMF in December.

November 26th Verkhovna Rada supported the decree Ukraine's president on the introduction of war in 10 regions for 30 days due to the fact that On November 25, the Russian Federation fired and caught in the Black Sea boats from the Ukrainian Navy "Berdyansk" and "Nikopol", as well as the Yana Kapu tugboat, which would pass through the Kerch stretch in the Azov Sea.

Lagarde said during a conversation with Poroshenko that the introduction of warfare will not affect the interaction between Ukraine and the IMF, reported the Ukrainian president's press service.


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