Pressuring politicians to move to unblock IMF funding, central bank Governor Yakiv Smoliy warned
Friday, June 1, 2018

Pressuring politicians to move to unblock IMF funding, central bank Governor Yakiv Smoliy warned

Pressuring politicians to move to unblock IMF funding, central bank Governor Yakiv Smoliy warned Thursday the bank may further tighten monetary policy and introduce new limits on foreign exchange if government fails to get an expected $1.9 IMF tranche this year. After a series of hikes over the last six months, Ukraine now has Europe’s highest key interest rate. With the National Bank of Ukraine forecasting 2018 inflation at 8.9%, Smoliy said the inflation goal for 2020 is 5%.

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Zaporizhia airport, the busiest airport in Ukraine’s southeast, is closed through June for repairs to the runway.

Zaporizhia airport, the busiest airport in Ukraine’s southeast, is closed through June for repairs to the runway.

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Fresh from inaugurating a new bridge across the Dniestr, President Poroshenko wants to speed traffic westward with Ukraine’s first bridge across the Danube

Fresh from inaugurating a new bridge across the Dniestr, President Poroshenko wants to speed traffic westward with Ukraine’s first bridge across the Danube

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