With an IMF mission due to arrive in Kyiv in two weeks

With an IMF mission due to arrive in Kyiv in two weeks, Prime Minister Groysman warns on Twitter about the costs of not reaching an agreement. He writes: “Non-payment of debts threatens Ukraine with a default. And this is stoppage of production, devaluation of the hryvnia, inflation. We need to protect people from this negative, so we need new borrowing.” He did not say whether a decision had been taken to raise household gas prices to market levels, a key IMF demand.