Wednesday, 23 June 2010

Ukraine has good chance to conclude agreement with IMF

Ukraine has a good chance of concluding a new loan agreement with the International Monetary Fund, Deputy Finance Minister Andriy Kravets has said.

"Judging from the first meetings [with the IMF mission], which took place yesterday, we can say that the mission intends to carry out constructive cooperation with Ukraine. And I believe that we have rather good prospects for concluding the agreement," he told reporters on Wednesday.

The full IMF mission arrived in Ukraine on Tuesday to discuss with the country's authorities the possibilities for continuing cooperation under a loan program with Ukraine. The mission will be working in Ukraine until July 2.

Kravets also said that chief of the IMF Mission to Ukraine Athanasios Arvanitis met with Ukrainian Prime Minister Mykola Azarov on Tuesday. On Wednesday the mission's experts are to meet with representatives of the Finance Ministry.

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