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IMF publishes memorandum of cooperation with Ukraine

The International Monetary Fund has published a memorandum of cooperation with Ukraine.
The document is available on the IMF website.
The memorandum includes a Letter of Intent of the government of Ukraine, which describes the policies that Ukraine intends to implement in the context of its request for financial support from the IMF. The document was signed by President of Ukraine Petro Poroshenko, Prime Minister Volodymyr Groysman, Head of the NBU Valeria Gontareva and Finance Minister Oleksandr Danylyuk.
The text of the memorandum stipulates that Ukraine is committed to raise the retirement age and allow the sale of land by November, as well as to complete the verification of recipients of pensions and social payments by the end of December of this year.
As knows, in September, the IMF Executive Board adopted a positive decision to extend the program of cooperation with Ukraine and to allocate the financial assistance to the country.
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Ambassador Deshchytsia tells ‘recipe’ to cut queues on Ukrainian-Polish border

03.10.2016 17:42129
Improving infrastructure, increasing the number of border checkpoints and regulating small border traffic are the steps allowing us to resolve the issue of long queues on the border, Ambassador of Ukraine to Poland Andrii Deshchytsia has stated in an interview with Ukrinform.
“First of all, border infrastructure should be improved. For this purpose, there are funds from the Polish loan, which should be used effectively,” Deshchytsia said, adding that certain changes should be made to the budget to use the loan worth EUR 100 million.
            According to Deshchytsia, relevant proposals have already been submitted to Parliament and are expected to be approved soon.

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