Ukrainian Ministers Meet IMF Officials in U.S., Premier Says

25.08.2011
| Bloomberg
“External market volatility increases the chances for the IMF program going back on track,” said Olena Bilan, chief economist at Kiev-based  Dragon Capital, by phone today.

Ukrainian Finance Minister Fedir Yaroshenko and Coal and Energy Minister Yuriy Boyko are in Washington for talks with International Monetary Fund officials, Prime Minister Mykola Azarov said.

Ukraine and the IMF “are constantly in the process of talks and contacts as they are our creditors and need to know how we manage the economy,” Azarov said in a statement on the government’s website today.

The eastern European nation expects an IMF mission to visit between Aug. 29 and Sept. 6 for a review of the country’s loan program after the third disbursement of its $15.6 billion bailout, initially planned for March.

“External market volatility increases the chances for the IMF program going back on track,” said Olena Bilan, chief economist at Kiev-based Dragon Capital, by phone today.