Ukraine requires the financing at the amount of 27 bln USD
The International Monetary Fund estimates the Ukrainian financing requirement at the amount of 27 bln USD within the two years, declared the Director of European Department at the IMF, Reza Moghadam on April 11, 2014.
R.Moghadam stated the position is rather tough and the IMF not to revise estimate at an early date.
On March 27, 2014 the IMF mission declared about the agreement arranging with the Ukrainian Government on the economic reforms program being under the support of the two-years stand-by (SBA) program at the amount of 14-18 bln USD.
R.Moghadam mentioned that the work on the Agreement between Ukraine and other funders is not completed, the fund figures on them.
In the short-term the IMF expects the UAH rate volatility, but still expects for its decrease.
You should be authorized to post comment
Ukraine: in the first week of July, the sea ports mainly supplied grains to Saudi Arabia
July 8, 13:50
Free trade zone with the EU not to force domestic goods from the Ukrainian market – expert
July 8, 11:50
Ukraine: Ministry of Agrarian Policy appeals to owners of private elevators to assist the eastern region
July 8, 10:40
Since the beginning of 2014/15 MY Ukraine exported 360 thsd tonnes of grains
July 8, 10:30
Ukraine: Donetsk oblast continues actively harvesting early grains
July 7, 17:10