Presidential spokesman Serhiy Nykyforov noted the recent passage by the Rada of several free market reforms demanded by the IMF . In a briefing to reporters, he said: “The mission will remain satisfied, and the President’s Office has no doubts about this.” A favorable report by the IMF mission could unlock $700 million tranche... #IMFaidforUkraine #IMFandUkraine #IMFdeal #сьогоднівукраїні imf
Arrival of a $700 million IMF tranche has been put off to the fall. After a telephone call with President Zelenskiy last night, IMF Managing Director Kristalina Georgieva tweeted praise for “Ukraine’s successful economic progress under the IMF program.” But she ... #IMFaidforUkraine #IMFandUkraine #IMFdeal
With the summer slipping away, the realistic scenario for Ukraine’s relationship with the IMF might be to convert Ukraine’s frozen Stand-By Arrangement into an Extended Fund Facility , wrote Timothy Ash, a veteran observer of Ukraine’s IMF deals. The IMF may “look to roll the monies into a new EFF to be negotiated towards year end – maybe that should now be the focus,” Ash w... #imf #IMFaidforUkraine #IMFdeal
President Zelenskiy stressed the importance of getting the IMF deal back on track when he was interviewed two weeks ago by AP, AFP and Reuters. “This is important primarily for our economic stability and investment climate,” he said in a transcript posted on the presidential websit... #imf #IMFdeal #Zelenskyy
Timothy Ash writes from London: “If…these laws are now IMF compliant, then there is a hope still of getting the first review under the Stand-By Arrangement signed off before September and all the 2022 budget discussions.” #IMFandUkraine #IMFdeal
Concorde Capital’s Alexander Paraschiy wrote that the new issue “looks like a success.” He added: “It is too naive to expect Ukraine would be able to get more than one IMF tranche this year. Therefore, the Ministry of Finance’s reliance on such financing looks too optimistic, and most li... #IMFdeal #IMFinUkraine #IMFmoney
Ukraine is on track to revive the IMF accord and to receive a $2 billion tranche by September, said Oleh Ustenko, a Presidential Economic Adviser, (Ukraina 24 TV). He said: “The bills we need to pass in order to get the tranche — the judiciary, its reform and the anti-corruption architect... #imf #IMFdeal #IMFmission #IMFtranch #imfukraine
Last week the Rada made progress on one key IMF demand: restoring jail terms for officials who fail to fully declare their assets. Last October the Constitutional Court called an earlier law allowing for jail terms ‘excessive’ and struck it down. The new bill must be approved in final reading to be signed into law. #CorruptioninUkraine #IMFdeal #IMFmission
The Rada should approve reforms demanded by the IMF by July 2021, allowing for the resumption of IMF financing in September , Oleh Ustenko, the President’s economic adviser, told RBC-Ukraine in an extensive interview. “Amendments will be made to the law on banks and the law on the National Bank, which will increase i... #IMFdeal #IMFrequirements
