The International Monetary Fund is preparing to hold annual consultations with Ukraine under Article IV of the IMF’s Articles of Agreement (obligations regarding exchange arrangements), deputy spokesman for the IMF External Relations Department William Murray stated.
"That mission is expected to happen sometime in the autumn. I don’t have the precise date to offer on that," he said during a press briefing on Thursday at the fund’s headquarters in Washington, the transcript of which was posted on the organization’s web site on Friday.
According to him, the IMF’s Executive Board may consider this matter around November. "We think that the Article IV consultation will provide an opportunity for the fund’s executive board to discuss the challenges that are facing Ukraine before the end of 2013," he said, Interfax-Ukraine informed.
When speaking about the possible program of financial cooperation with Ukraine, Murray said that the last mission to Kyiv was held in April. According to him, they held discussions with the Ukrainian authorities at a technical level on policies that could form part of a comprehensive fund-supported program.
"But there have been no in-depth discussions of such a program at the policy level since April," Murray said.
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