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
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 meet its commitments to the Fund.” Looking at the calendar, he adds: “The IMF mission in September gives little chance for Ukraine to get any tranche from the fund by the time the state budget for 2022 is voted on, which is no earlier than late November.”
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 be resolved,” he said.