Danylyuk offered a now standard prediction that once a new government is formed, after the July 21 elections, Ukraine will negotiate to transform the current 18-month standby agreement with the IMF into a longer, extended fund facility.

Danylyuk offered a now standard prediction that once a new government is formed, after the July 21 elections, Ukraine will negotiate to transform the current 18-month standby agreement with the IMF into a longer, extended fund facility. In the meantime, he said: “Currently we have a functioning government that will work until the formation of a new government. There is a functioning Verkhovna Rada, which can and will pass laws that are international obligations.”