No IMF tranches “

No IMF tranches “will not be a catastrophe” for Ukraine, Danylo Hetmantsev, chairman of the Rada’s Committee on Tax and Customs Policy, told reporters yesterday. On Saturday, the IMF announced that it would take a break in reviewing Ukraine’s Standby Arrangement, after six weeks of remote conversations. “It will be much harder for us to pass 2021 without the next tranche of the IMF, but it will not be a catastrophe in any case,” he said. “We have the right resources. We have the right opportunities to do it. There will be no catastrophe. Budget commitments will be fulfilled. There will be financial stability in the country. There will be currency stability.”