The National Bank expects that the authorities will be able to agree with the International Monetary Fund on a new tranche of $2 billion, Deputy Head of the National Bank of Ukraine Oleg Churii said during the round table, FinClub reports.
"The IMF is a formal organization. If they announce the arrival of the mission, it means that the chances for a positive review are quite high. We will soon find out our forecast to agree with the IMF. Our forecast that until late autumn it will be possible to receive a tranche of up to 2 billion dollars", Churii said.
According to him, the tranche opens Ukraine the access to receiving another official financing from the European Commission and the World Bank for 1.5 billion dollars.
Also, Ukraine will be able to withdraw from the placement of eurobonds.
"Ukraine will be able to enter eurobond market and place longer bonds at $ 1.5 billion and hopefully cheaper, but not only the IMF plays a role, but also the situation on world markets, which is not very positive," he added.
As you know, the Ministry of Finance is preparing to receive a new tranche from the IMF.
IMF mission will pay a visit to Kiev on September 6.
As the result of the visit, a decision will be made to allocate a tranche.
A key condition for obtaining a tranche from the IMF is the gas price increase for the population to the market. Prime Minister Vladimir Groisman announced his readiness for such a step.
It should be reminded that according to the schedule of payment of debts, by the end of 2018, Ukraine should return about $500 million for eurobonds and about $580 million for servicing debts to the IMF.