IMF Fund mission is expected shortly, and Ukraine intends to request the next tranche. Oleh Ustenko, adviser to the president on economic issues, has told Dom TV that in fulfillment of its obligations, Ukraine is strengthening the independence of the National Bank and intensifying effor... #IMFandUkraine #IMFinUkraine #IMFmoney
What IMF assistance will be used for. According to Prime Minister Denys Shmyhal , the $2.7 billion in non-refundable financial assistance received from the International Monetary Fund in August will be used to contribute to macroeconomic ... #IMFaidforUkraine #IMFinUkraine #IMFmoney #IMFmoneyusage
In Kyiv, three presidential advisors told reporters yesterday that they are optimistic about the IMF’s planned mission here next month. Oleh Ustenko, economic adviser to Zelenskiy, told Interfax-Ukraine: “Literally in September, I expect that we will receive a new tranche.” #IMFandUkraine #IMFmoney #NewIMFtranche
Adamant Capital yesterday wrote: “The placement occurred with a small (10-20bps) yield premium to the market, suggesting that it was well received, despite the apparent delays in the state’s program with the IMF. The timing suggests ... #imf #IMFmission #IMFmoney
Concorde Capital’s Alexander Paraschiy wrote that the new issue “looks like a success.” He added: “It is too naive to expect Ukraine would be able to get more than one IMF tranche this year. Therefore, the Ministry of Finance’s reliance on such financing looks too optimistic, and most li... #IMFdeal #IMFinUkraine #IMFmoney
J.P. Morgan has predicted that Ukraine’s GDP will grow by 5.6% this year, said the bank in its April commentary. This is higher than Ukraine’s Central Bank, which lowered its forecast last week to 3.8%. The Economy Ministry came out last week with a ‘consensus forecast’ of ... #GDP2021 #GDPUkraine #IMFmoney #UkraineCentralBank
Separately, Shevchenko told Interfax-Ukraine last week that Ukraine should receive two tranches from last June’s $5 billion IMF Stand-by Agreement “given the longer course of negotiations.” Ukraine has been in on-again, off-again talks with the IMF since last fall. He said that he hoped that the Rada will pass legislation in coming weeks so that... #imf #IMFandUkraine #IMFmoney