Site icon UBN

With no resolution in sight, Adamant Capital concludes there will be no more IMF aid this year

With no resolution in sight, Adamant Capital concludes there will be no more IMF aid this year

“Such a rollback also means that the country no longer fulfills the necessary requirements to continue receiving support from the IMF and other IFIs,” the Kyiv-based financial firm wrote last night of the $5 billion Stand-By Arrangement signed last June with the IMF. “The probability of Ukraine receiving donor support his year is quickly becoming very slim.”

Exit mobile version