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
IMF to consider second stand-by tranche for Ukraine on November 22. The IMF Board of Directors plans to approve the results of the first revision of the stand-by program on November 22. In June 2020, the IMF approved a stand-by program for Kyiv with a total volume of ... #imf #IMFmoneyforUkraine #IMFnextTranch #imfukraine
IMF SBA for Ukraine could be extended for six months, Finance Minister Serhiy Marchenko believes. He is hopeful the current 18-month Stand-By Arrangement (SBA) with the IMF could be extended for six months. Discussion are under way and Ukraine expects th... #IMFmoneyforUkraine #IMFSBAforUkraine #SerhiyMarchenko
President Volodymyr Zelenskiy welcomed the news, saying: “This will be a good gift for our country on the 30th anniversary of Independence. These funds will help overcome the consequences of the coronavirus crisis and stimulate our economy.” He said IMF Man... #IMFandUkraine #IMFmoneyforUkraine #NewTranchfromIMF
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
Ukraine may receive $2.7 billion from the IMF this summer under a plan by the International Monetary Fund Managing Director, Kristalina Georgieva, to allocate $650 billion from international reserves to restore the world economy after the coronavirus crisis.... #imf #IMFmoneyforUkraine #IMFtranches
