Ukraine will receive only one IMF tranche this year,

Ukraine will receive only one IMF tranche this year, predicts Fitch Ratings. Predicting that Ukraine will get less than one quarter of the $2.9 available under the June 2020 Standby Arrangement, the New York-based credit rating agency writes: “Fitch envisions one IMF disbursement of $0.7 billion for 2021, $1.5 billion of other official funding, a higher Eurobond issue than the planned $1.4 billion, and a 0.2% GDP cut in budget reserves.”