"The IMF mission, headed by Ivanna Vladkova Hollar, begins discussions today with the Ukrainian authorities on the second revision of the IMF-supported programme. Mission meetings will be held online", Stepanyan said as quoted by the press service.
In November, the IMF approved an extension of the 18-month Stand-By Arrangement (SBA) with Ukraine to the end of June 2022 as well as a rephasing of programme disbursements.
In June 2020, the highest decision-making body of the IMF, the Board of Governors, approved a new cooperation programme for Ukraine. Ukraine is expected to receive a total of $5 billion under the new plan. The country has already received two tranches worth about $2.8 billion.