The International Monetary Fund is monitoring the situation in Ukraine and is planning to send the next review mission under the Stand-By Arrangement for Ukraine in the first quarter of 2022.
Gerry Rice, Director of the IMF’s Communications Department and IMF Spokesman, said this at a briefing in Washington.
“The board approved in November 2021 the schedule for the remaining two disbursements under the program with Ukraine,” Rice reminded.
He noted that according to that schedule, the second review mission was expected to take place in the first quarter of this year under the condition of “sufficient progress has been made to meet the objectives under the program”.
“So, discussions continue,” he said.
Rice added that once the next review mission was scheduled, the IMF Representative Office in Kyiv would announce its start.
“We are monitoring developments very closely in Ukraine and hoping that tensions will ease,” he assured. (Ukrinform/Business World Magazine)
