Ukraine’s foreign currency payments on public and publicly guaranteed debt will exceed $10 billion over the next year,

reports the National Bank of Ukraine. In addition, payments on hryvnia debt will be around $5 billion in the second half of this year. With no disbursements over the last year from Ukraine’s IMF program, relief could come from a new issue of special drawing rights, a move now under discussion by the IMF. “If the issue is approved by the IMF Board of Directors, Ukraine will increase its international reserves by about $2.7 billion,” Ukraine’s central bank reports on its website. “However, there is a high probability that these funds will come after the period of peak payments in September.”