The new program with the IMF should support macro-financial stability. The new program with the International Monetary Fund (IMF) should become an essential element in supporting macroeconomic stability, said the chairman of the National Bank of Ukraine, Kyrylo Shevchenk... #imf #IMFinUkraine #IMFloansForUkraine #IMFprogramm
Ukraine ends its cooperation with IMF under the Standby program. The Ukrainian authorities have ceased collaboration with the International Monetary Fund within the framework of the Standby program, the second revision of which began a day before the war, reported ... #imf #IMFinUkraine #UkrainestoppedIMFprogram
The National Bank of Ukraine is discussing options to support the economy and financial sector of our country during martial law with the International Monetary Fund (IMF). It is noted that the Fund’s experts praised all the measures taken by the National Bank to ensure the continuity of the financial system during martial law. Further steps are being discussed, i... #imf #IMFinUkraine #IMFmission #UkraineandIMF
The third tranche from the IMF will come to Ukraine soon. According to finance minister Serhiy Marchenko, the IMF could allocate a $700M tranche to Ukraine based on the revision of the stand-by program that expires in June, 2022. Currently, Ukraine has ful... #imf #IMFinUkraine #IMFmoneyforUkraine
The IMF plans to send a mission to Ukraine in the first quarter. The International Monetary Fund is monitoring the situation in Ukraine and plans to hold a second review of the Stand-By lending program, stated the director of the IMF press office Jerry Rice. ̶... #IMFinUkraine #IMFmission
The government expects to review the IMF program in February , stated at a briefing following a National Security and Defense Council meeting by Prime Minister Denis Shmygal, reported Ukrinform. “We are waiting for the next revision of the current program... #IMF2022program #IMFinUkraine #IMFmission
Ukraine has pledged to agree to 12 conditions to receive the next IMF tranche. These structural beacons include: to approve the budget for 2022 with a deficit target of 3.5% of GDP; to abolish concessions in the criteria for state representatives in the management of state-owned... #imf #IMFinUkraine #IMFmission #IMFnewTranch
The $700 million tranche of the IMF would be used to finance the state budget deficit. The President’s Economic Adviser, Oleg Ustenko, said: “We expect this $700 million in the near future, a preliminary agreement has already been signed with the International Monetary Fund.... #IMFinUkraine #IMFmoneyusage #IMFtranche
The International Monetary Fund (IMF) and Ukraine agreed on a tranche of funding of $ 700 million, reported imf.org. The IMF and the Government of Ukraine have signed a preliminary agreement to extend the lending program and provide Ukraine with a tranche of about $700 million. The IMF team and Ukr... #imf #IMFandUkraine #IMFinUkraine
The G7 ambassadors discussed the implementation of the Stand-by Agreement with the head of Ukraine’s IMF mission. The ambassadors were pleased to hear about Ukraine’s fulfillment of some conditions of the Stand-by Agreement, including steps regarding the banking sector and the Deposit Guarantee Fund, the st... #IMFandG7 #IMFinUkraine #IMFmission #IMFnewtranshe
IMF estimate of Ukraine’s GDP growth in 2021. The IMF has decreased its forecast of Ukraine’s GDP growth in 2021 from 4% to 3.5%, according to the Fund’s World Economic Outlook (WEO) (interfaxukraine). The organization raised its expe... #IMFestimatesGDP #IMFinUkraine #UkraineGDP #ВВПвУкраїні
IMF tranche and macro-financial assistance from the EU by the end of the year. This week an IMF mission will arrive in Ukraine to assess Ukraine’s progress in implementing the Memorandum with the Fund under the Stand-By Arrangement. “Ukraine has fulfilled all the con... #DenysShmyhal #IMFinUkraine #IMFmissioncomesBack
The IMF mission in Ukraine commented on the first revision of the stand-by arrangements to commence on September 21 to September 23, 2021, The IMF Representative in Ukraine, Vladyslav Rashkovan said. “The mission could start working in 10-12 days, and most likely the mission will be virtual,” he said speaking at the YES Brain... #imf #IMFinUkraine #IMFinUkraine2021 #IMFmissionInUkraine
IMF Fund mission is expected shortly, and Ukraine intends to request the next tranche. Oleh Ustenko, adviser to the president on economic issues, has told Dom TV that in fulfillment of its obligations, Ukraine is strengthening the independence of the National Bank and intensifying effor... #IMFandUkraine #IMFinUkraine #IMFmoney
What IMF assistance will be used for. According to Prime Minister Denys Shmyhal , the $2.7 billion in non-refundable financial assistance received from the International Monetary Fund in August will be used to contribute to macroeconomic ... #IMFaidforUkraine #IMFinUkraine #IMFmoney #IMFmoneyusage
Ukraine hoping for a new tranche from the IMF soon. Ukraine is also hoping to receive a $700 million tranche from the IMF in September, the adviser to the President Zelenskiy on economic issues, Oleh Ustenko, says #IMFinUkraine #IMFseptembertranch #MoneyFromIMF
The Rada recently passed one economic bill that met with IMF skepticism. Starting September 1st, Ukrainians who have accumulated assets, but failed to pay taxes on them, can declare them voluntarily, pay a one-time fee and avoid punishment for tax evasion. For this one-yea... #IMFdeal2021 #IMFdealAffectsGovernmentBonds #IMFinUkraine
Ukraine’s foreign currency payments on public and publicly guaranteed debt will exceed $10 billion over the next year, reports the National Bank of Ukraine. In addition, payments on hryvnia debt will be around $5 billion in the second half of this year. With no disbursements over the last year from Ukraine’s IMF progr... #HowUkrainewillpaydebt #IMFinUkraine #IMFmoneyforUkraine #UkraineDebt2021
The IMF’s decision to distribute $650 billion in Special Drawing Rights this summer is undermining arguments for free market changes in countries like Ukraine, Timothy Ash argues in an essay. He writes from London: “The hope was the looming debt service hump for Ukraine in Q3, when $3bn in external debt falls due, would concentrate minds in the Zelenskiy adm... #imf #IMFinUkraine #IMFmoneyforUkraine
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
Talks with the IMF are progressing and September is a realistic date for the tranche, said Serhiy Marchenko, Finance Minister (LB.ua). “We are now narrowing the range of unresolved issues.” “In January, when there was a mission, there were many issues. Now there are fewer, they should ... #imf #IMFinUkraine #MoneyFromIMF
US and IMF support for Ukraine depend on the Zelenskiy Administration taking concrete steps to reform the court system and protect Western-designed anti-corruption institutions, George Kent, U.S. Deputy Assistant Secretary of State for European and Eurasian Affairs, told VOA last week. Explicitly tying aid to free market changes, he said: “The expectations of Ukrainians and A... #imf #IMFinUkraine #IMFsupport #UkraineandIMF
