By KYIV. Nov 2 (Interfax-Ukraine) – The teams of Ukraine and the International Monetary Fund (IMF) have made significant progress in agreeing on assessments of the macroeconomic situation and the budget as part of the preparation of the Program Monitoring with Board Involvement (PMB), Head of the National Bank of Ukraine Andriy Pyshnyy has said.
"We expect PMB to be approved in the first half of December," he wrote on Facebook on Wednesday night following a meeting held on Tuesday with US Assistant Secretary of State for European and Eurasian Affairs Karen Donfried and Ambassador Extraordinary and Plenipotentiary of the United States to Ukraine Bridget Brink.
Pyshnyy said that in times of war, the importance of international financing is extremely high, and the leading role in coordinating international support for next year’s budget financing should belong to the IMF.
"I separately assured that the National Bank would keep the financial front and would remain a strong and independent institution, which is one of my priorities," the governor of the NBU said.
