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The Cabinet approved the memorandum to the IMF

Photo: Press Service of the Cabinet of Ministers

The order of the Cabinet of Ministers allows the Minister of Finance Sergei Marchenko to sign the letter.

The government approved a draft letter of intent from the government and the National Bank of Ukraine to the International Monetary Fund and a draft memorandum on economic and financial policy. This was stated in the order of the Cabinet of Ministers dated March 24.

“To authorize the Minister of Finance Sergei Mikhailovich Marchenko to sign the said letter,” the order said.

Recall that representatives of the IMF and Ukraine reached a staff-level agreement on the approval of the Extended Financing Program (EFF) in the amount of more than $15 billion.

Earlier, the Board of Directors of the International Monetary Fund (IMF) approved changes to the Fund’s financial guarantee policy, which will now allow the approval of a new loan program for Ukraine.

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Source: korrespondent

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