Market analysts are adjusting to the view that IMF money may not flow until year end, if at all. Reportedly, the IMF now wants to see the Rada approve the 2019 budget, a process that usually happens in late December. Rada approval will depend on votes from members allied with Yulia Tymoshenko, the presidential candidate who leads in opinion polls. Tymoshenko has said she will pull her support for government votes this fall if the government raises household gas prices, another key IMF demand. At play is $3 billion — $1 billion from the IMF; $1.2 billion from the EU and $800 million from the World Bank.
Market analysts are adjusting to the view that IMF money may not flow until year end, if at all.
