Deputy head of the IMF mission in Ukraine, Natan Epstein, said that this year the IMF expects the Ukrainian economy to grow from 1.3% to 3%. He also positively assessed the NBU’s decision to switch to managed flexibility of the exchange rate because it meets the program’s requirements and is essential for economic stability.
The head of the IMF mission in Ukraine, Gavin Gray, said that the evaluation of the extended financing program will be based on key measures that authorities have already implemented. A significant achievement was adopting a law to restore e-declaration and the adopted amendments in the Budget Code.
At the same time, the IMF is waiting for the adoption of a financial monitoring law for politically significant persons and the resumption of tax audits within a few months.
Gray also expects Ukraine to restructure its Eurobond debt by August 2024. The IMF expects a positive decision on revising the EFF program in the first half of December.