The International Monetary Fund will provide the Cabinet of Ministers of Ukraine with finalized text of the memo on economic and financial policy on Nov. 15.
Ukrainian News learned this from a statement by the press service of the Cabinet of Ministers.
On Sunday, Prime Minister Mykola Azarov met with representatives of the mission of the European Department of the International Monetary Fund to adjust the wording of the memo to be signed within another revision of the cooperation program between Ukraine and the IMF.
According to the statement, the mission said the Ukrainian government fully meets its commitments and carries out effective policy of macroeconomic stabilization.
The sides discussed several questions the wording on which required adjusting.
The negotiations yielded compromise approaches on all provisions of the memo.
On Monday, November 15, the mission of the IMF will provide the Cabinet of Ministers with finalized text of the memo and will release statements on the results of the mission.
As Ukrainian News earlier reported, Prime Minister Azarov guarantees that the draft national budget for 2011 will be drawn up in compliance with parameters of the cooperation program with the International Monetary Fund.
The IMF mission arrived in Ukraine on November 3.
The IMF mission, led by Athanasios Arvanitis, was checking the execution of the Stand-by program.
The International Monetary Fund Executive Board on July 28 made a decision to allocate a loan worth 10 billion of special drawing rights ($15.15 billion) during the next two and a half years according to the new Stand-by Arrangement.
Then the IMF disbursed first tranche of the Stand-by loan to Ukraine in the amount of $1.89 billion.
