The Rada should approve reforms demanded by the IMF by July 2021, allowing for the resumption of IMF financing in September

Wednesday, April 14, 2021

, Oleh Ustenko, the President’s economic adviser, told RBC-Ukraine in an extensive interview. “Amendments will be made to the law on banks and the law on the National Bank, which will increase its independence,” Ustenko said. He warned that it would be costly for the Finance Ministry to go to the Eurobond market without an IMF deal. He said of bond yields: “Without the IMF, it will be 1-2 percentage points higher.”

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