NBU Head Travels to US for Talks with IMF

He will also hold meetings with other international partners of Ukraine.

Head of the National Bank of Ukraine Kyrylo Shevchenko has travelled to the United States for talks with international partners. As part of the visit to the United States, he will hold several meetings with the International Monetary Fund and other creditors, the NBU press service reports.

In addition to the IMF, Shevchenko will meet with the leadership of the World Bank and the International Finance Corporation. The visit will take place from 8 to 13 November in Washington, and its stated purpose is "discussing the state and prospects of Ukraine's cooperation with international partners".

One of the reasons for the visit for talks with the IMF may be the recent decision of the Constitutional Court to cancel electronic declaration. Earlier, the Verkhovna Rada supported the bill of Speaker Dmytro Razumkov, but due to an alternative bill submitted by Servant of the People MP Oleksandr Dubinsky, its consideration was postponed to the following week.

A couple of days ago, Finance Minister Serhiy Marchenko stated that Ukraine had fulfilled 4 of the 10 requirements set out in the memorandum with the IMF. Two more items are at the final stage.

In early September, it was reported that Ukraine updated the principles for the strategic reform of state-owned banks as part of the programme with the IMF

In June, the IMF approved a Stand-by programme, under which Ukraine was to receive $5 billion.