It is unlikely that Ukraine will get any more money from its $5 billion June 2020 Stand-By Arrangement with the IMF, writes Concorde Capital’s Alexander Paraschiy. He calls the Wednesday night call between President Zelenskiy and IMF Managing Director Kristalina Georgieva “a clear indicator that Ukraine failed to me... #IMFandUkraine2021 #IMFmoneypostponed #MoneyFromIMF
Ukraine should receive $2.7 billion from the IMF by late August, in time for $3 billion in debt payments due in September, Vladislav Rashkovan, Ukraine’s Alternate Executive Director to the IMF, writes on Facebook from Washington. The funds will be Ukraine’s portion of a $650 billion distribution of IMF money approved Thu... #IMFagreementwithUkraine #IMFandUkraine2021 #UkraineRecievesMoneyfromIMF
Separately, Ukraine’s Finance Minister Serhiy Marchenko reported Friday that Ukraine and the IMF have reached a compromise on anti-corruption and corporate governance reforms. Last week, Marchenko had a series of meeting with IMF officials in Washington to try to restart the IMF lending program that stalled one year ago. The Finance Ministry statement concluded: “The partie... #IMFagreementwithUkraine #IMFaidforUkraine #IMFandUkraine2021
