The NBU has expressed its expectations for the new IMF credit program.

The National Bank expects a full-fledged program of expanded IMF financing in 2023. This may happen following the first results from the monitoring program, the approval of which is expected at the end of the current year, said Deputy Chairman of the NBU Serhii Nikolaychuk. “The IMF monitoring program should lay the basis of our macroeconomic policy and the foundation for obtaining financing from other international partners. Also, this monitoring program should become a transitional bridge to a full-fledged program with the IMF, which will provide funding,” Nikolaychuk explained. Speaking about the parameters of the future program, the official said that they will be aligned with the standards for countries supported by the IMF.