Central bank governor Yakiv Smolii predicts the first of IMF $3.9 billion could flow by the end of this year
Friday, October 26, 2018

Central bank governor Yakiv Smolii predicts the first of IMF $3.9 billion could flow by the end of this year

Central bank governor Yakiv Smolii predicts the first of IMF $3.9 billion could flow by the end of this year. First, the Rada must approve the budget. Prime Minister Groysman says he hopes this will happen by Dec. 1. Also by that date, Ukraine is to raise household gas prices by 23.5%. Then, the IMF Board in Washington has to approve the deal with Ukraine. Smolii says he expects the board to approve the 14-month Ukraine standby arrangement in December.

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