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The mission of the International Monetary Fund positively assessed the monetary policy of the National Bank of Ukraine, NBU Governor Yakiv Smoliy has said.

“We had a wrap-up meeting with the IMF mission. Our teams worked hard during their stay in Kyiv. Head of the mission Ron van Rooden has stated that they have no questions to the NBU. They positively assessed our monetary policy,” Smoliy wrote on Twitter.

As reported, on December 18, 2019, the Executive Board of the International Monetary Fund approved a 14-month Stand-By Arrangement (SBA) for Ukraine worth a total of USD 3.9 billion in three tranches. On December 21, 2018, Ukraine received the first tranche. The second and the third tranches, USD 1.3 billion each, are planned to be disbursed in May and November 2019.

Yesterday, May 28, President of Ukraine Volodymyr Zelensky held a meeting with the mission of the International Monetary Fund in Ukraine headed by Ron van Rooden. The president noted that “IMF is a reliable partner for Ukraine, and Kyiv will remain a partner that fulfills its obligations.”

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