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The Finance Ministry is “running out of money,”

Monday, August 6, 2018
The Finance Ministry is “running out of money,”

The Finance Ministry is “running out of money,” Tomas Fiala, CEO of Dragon Capital, warns after reviewing payments due in August with the Morning News. “Without the IMF, it will be extremely difficult, and it will threaten the hard won stability,” he said stressing the need for reaching a deal with the IMF in September. Referring to $500 million in commercial real estate and private equity deals in Dragon’s pipeline, he said: “We will complete them — only if the IMF cooperation continues.”

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