Concorde Capital’s Evgeniya Akhtyrko noted that the Finance Ministry report was a requirement for the IMF program that started last June

Concorde Capital’s Evgeniya Akhtyrko noted that the Finance Ministry report was a requirement for the IMF program that started last June. She writes: “It was obvious that the Zelenskiy administration used the project of big road building as a tool for maintaining its popularity. This misuse of public funds also undermines the trust of Ukraine’s Western partners, which were involved in disbursing substantial funds for COVID-related needs in Ukraine…the reported information will be taken into account in the IMF’s decision-making on financial assistance to Ukraine.”