The IMF Board of Directors will meet on Tuesday, Dec. 18 in Washington to vote on the $3.9 billion, 14-month standby financing program for Ukraine. Clearing one hurdle, President Poroshenko signed on Friday the government’s 2019 budget. It meets the IMF mandate to cap the deficit at 2.3% of Ukraine’s gross domestic product. Also winning IMF praise, the Rada approved Thursday a change in the Budget Code to replace one-year planning with three-year planning.
The IMF Board of Directors will meet on Tuesday, Dec. 18
