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Ukraine faces a two-year debt payment mountain of $17 billion in 2019-2020

Tuesday, December 18, 2018
Ukraine faces a two-year debt payment mountain of $17 billion in 2019-2020

Ukraine faces a two-year debt payment mountain of $17 billion in 2019-2020, according to a central bank report on financial stability. The National Bank of Ukraine says the only way to avoid default is to stick to the IMF program, which also unlocks low-interest loans from the EU and World Bank. Even with this multilateral help, Ukraine will have to sell Eurobonds to cover next year’s financing needs.

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Wednesday, December 19
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The IMF Board approved a new $3.9 billion, 14-month stand-by loan for Ukraine

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