The NBU announced the need for a program with the IMF in the amount of up to $ 10 billion

This was reported by Interfax-Ukraine with reference to the press service of the bank.

The NBU expects that the first tranche of about $ 2 billion under the IMF program may arrive before the end of 2019.

Approximately the same amount of funding may be in 2020-2021.

“The new program with the IMF is, first of all, a positive signal for investors and international partners of Ukraine, an indicator of continuing reforms. The current level of international reserves is sufficient to smooth out fluctuations in the foreign exchange market by the National Bank and fulfill government obligations, ”said Dmitry Sologub, deputy head of the bank.

Earlier in Ukraine, they warned President Vladimir Zelensky of the consequences of cooperation with the IMF.

The head of the Center for Political Economic Studies of the Institute of the New Society, Vasily Koltashov, in an interview with the NSN, assessed the prospects for cooperation between Ukraine and the IMF.