Dec 17, 2009, 11:45 am
Government delegation to clarify figures for IMF standy-by program
Vice Prime Minister Hryhoriy Nemyria, Acting Finance Minister Ihor Umansky and Deputy Finance Minister Anatoliy Miarkovsky have left for Washington to hold the next round of talks with the IMF.
The obligations of the Ukrainian side as outlined in the letter of intent and memorandum on economic and financial policies signed in July of this year as part of the stand-by program with the IMF are still valid.
Prime Minister Yulia Tymoshenko had earlier said that the subject of negotiations with the IMF is the third review of the cooperation program. "The negotiation process is underway, and we are discussing requirements for joint cooperation and the third review of the program. The talks did not stop,” she has said.
Ukraine has so far received close to $11 billion of the $16.4 billon two-year stand-by program that was approved by the IMF in November 2008.
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