Press Release: Statement by IMF Resident Representative in Ukraine
August 11, 2011Press Release No. 11/306
August 11, 2011
Max Alier, the International Monetary Fund (IMF) Resident Representative in Ukraine, issued the following statement in Kyiv today:
“An IMF mission headed by Mr. Thanos Arvanitis will visit Ukraine on August 29-September 9 to continue the discussions on the second review under the Stand-By Arrangement (SBA) and on the 2011 Article IV consultation.”
The SBA was approved on July 29, 2010 for SDR 10 billion (about US$16 billion) in support of the authorities’ economic adjustment and reform program (see Press Release No 10/305).