He said that it was important not because the country lacks funds, and the National Bank of Ukraine's reserves are rather high, but in order to give a signal to investors that the IMF is working in our country. "It is very important for us to get the tranche, and not because we do not have enough money, we have rather high foreign exchange reserves, but it is important for investors to have a signal that the IMF is operating in this country. Therefore, I am confident that we will find understanding and return to this subject," the NBU head said, UKRIFORM reports.
Arbuzov said that the NBU was not spending IMF money, but was supporting the balance of payments using these funds. "I want to explain that we are not spending IMF money. We need this money to support the balance of payments. And when our balance of payments is in surplus, the National Bank buys back the extra money and returns loans to the IMF," he said.
As reported, Ukraine could not agree with the International Monetary Fund on the revision of the program of cooperation and the allocation of a new tranche of the loan, because the question of lowering the price of gas from Russia remains unresolved.
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