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