It is unlikely that Ukraine will get any more money from its $5 billion June 2020 Stand-By Arrangement with the IMF,

Friday, July 30, 2021

writes Concorde Capital’s Alexander Paraschiy. He calls the Wednesday night call between President Zelenskiy and IMF Managing Director Kristalina Georgieva “a clear indicator that Ukraine failed to meet its commitments to the Fund.” Looking at the calendar, he adds: “The IMF mission in September gives little chance for Ukraine to get any tranche from the fund by the time the state budget for 2022 is voted on, which is no earlier than late November.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

“For Ukraine’s image in the West, this is not good news,

Next post

This summer’s high gas prices will mean increases of 15-70% in winter heating bills for Ukrainians

Previous Main Topics