An IMF team is in Kyiv through Friday to review the 2019 draft budget.

Monday, November 5, 2018
An IMF team is in Kyiv through Friday to review the 2019 draft budget.

An IMF team is in Kyiv through Friday to review the 2019 draft budget. Approval of the budget with a deficit of 2.5% of GDP is a requirement for IMF board approval of a new 14-month stand-by program of $3.9 billion. Prime Minister Groysman wants the budget approved by Dec. 1. Last Thursday, the government complied with another IMF request, raising household gas prices by 23.5%.

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