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The head of the NBU announced the start of the IMF mission

Apr 18, 2024

The mission of the International Monetary Fund (IMF) plans to start work in Ukraine for the next review of the EFF's extended financing program at the end of next month.


This is reported by RBC-Ukraine with reference to the statement of the head of the National Bank of Ukraine, Andrii Pyshnyi, in an interview with "Voice of America".

Answering the journalist's question about the regulator's expectations from the current spring meeting of the IMF and the World Bank, he noted that the Ukrainian side is conducting "very substantive discussions" that bring us closer to the IMF Mission within the framework of the fourth revision of the program.

"The mission should start its work at the end of May, and we count on the fact that the fourth review will be successful," Pyshnyi said.

In addition, the chairman of the National Bank added that there is also hope for his communication with the heads of central banks, with the head of the European Central Bank, Christine Lagarde, "on the topic of immobilized assets of the Russian Federation and sanctions."

According to Pyshnyi, there are currently many conversations about the provision of technical assistance to the NBU, but "we are discussing with our colleagues the provision of technical assistance by the National Bank, because many of our colleagues are interested in our experience of working in war conditions, ensuring uninterrupted work, regardless of the circumstances, in the conditions of the active phase of the war, in the conditions of a blackout, because a blackout can be provoked not only by a missile attack and damage to the energy infrastructure as a result of shelling, but also by cyberattacks."

Author - Serhii Kolomiets, 19/04/2024

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