The International Monetary Fund mission will visit Ukraine in June for meetings with government officials. Parliament Speaker Volodymyr Lytvyn announced this at a press conference, ForUm informs, referring to the Ukrainian News.

According to Lytvyn, the issue of Ukraine implementation of the memorandum that was sent to the International Monetary Fund in connection with disbursement of the International Monetary Fund's Standby loan was discussed at a meeting attended by President Viktor Yushchenko, Prime Minister Yulia Tymoshenko, the leadership of the National Bank of Ukraine, and the leadership of the Finance Ministry.

"A mission from the International Monetary Fund should arrive in June, and if they get here and see that Ukraine is moving forward and implementing this memorandum then we will be speaking of the next tranche [of the Standby loan]," Lytvyn said.

According to him, the Presidential Secretariat's first deputy head Oleksandr Shlapak and the National Security and Defense Council's Secretary Raisa Bohatyryova also attended the meeting.

The participants in the meeting discussed the need to increase the independence of the National Bank of Ukraine and change the functions of the supervisory board of the National Bank of Ukraine.

They also stated the need to amend Ukrainian laws to specify the procedures for recapitalization of banks.

Lytvyn said that Yushchenko drew attention to the situation involving the financial state of the Naftogaz Ukrainy national joint-stock company in his opening speech and stressed that the company's accounts payable amounted to USD 59 billion.

As a reminder, the International Monetary Fund approved on May 8, 2009, disbursement of USD 2.8 billion to Ukraine as the second tranche of the Standby loan.


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