The International Monetary Fund will Advise the Ministry of Energy of Ukraine on Reforms in the Energy Sector

Thursday, June 3, 2021
1 MIN
The International Monetary Fund will Advise the Ministry of Energy of Ukraine on Reforms in the Energy Sector

The issue of consultation on reforms was actively discussed at an online conference between Ministry of Energy Herman Galushchenko and the head of the IMF mission in Ukraine Ivanna Vladkova-Gollar on the 2nd of June

siAccording to the press service of the Ministry of Energy, the parties discussed the conditions for Ukraine's implementation of the reform program in the energy sector and the formation of future plans. This gives great perspectives to open a business in Ukraine for people from other countries. 

As a result, an agreement was reached "on further cooperation and expert consultations to plan the next steps in reforming the energy sector."

Earlier, Ukraine received $2.1 billion under the IMF's 18-month stand-by program. As a reminder, under the terms of this program, $5 billion has been reserved for Ukraine. The next tranche in the President's Office is expected to be received by September.

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