If finalized, the IMF agreement will unlock $8 billion in cheap loans for Ukraine in 2019, Anders Aslund, Atlantic Council economist, tells Voice of America. “Ukraine is now likely to receive $2 billion from the IMF, $2 billion from the EU and the World Bank, the Ukrainian government is likely to place $2 billion in Eurobonds, and state companies are likely to place Eurobonds at another $2 billion or more,” he said from Washington. “This should be enough for Ukraine to maintain a fairly stable exchange rate next year.” ICU investment bank calculates the money flow at $7 billion. To win final IMF Board approval, Ukraine must adopt a 2019 budget with a deficit of 2.3% of GDP, turn the Anti-Corruption Court into a reality, and raise gas prices, as promised by 23.5% on Nov. 1.
If finalized, the IMF agreement will unlock $8 billion in cheap loans for Ukraine in 2019,
