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The IMF mission will extend its online review of Ukraine’s $5 billion program for another 10 days

The IMF mission will extend its online review of Ukraine’s $5 billion program for another 10 days

The IMF mission will extend its online review of Ukraine’s $5 billion program for another 10 days, reports Interfax-Ukraine. “It’s crucial for us to stay within the IMF program,” Finance Minister Serhiy Marchenko told Ukraine 24 TV yesterday. “We are in active talks…There are expectations that during this period we will finalize the memorandum.” With a freeze on gas prices scheduled to run until March 31, analysts predict that second quarter is the earliest the second tranche – probably for $700 million — could come.

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