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
International demand for Ukrainian organic products showed an upward trend – UAC
Seatrade Group - a sponsor of Middle East Grain Congress
Ukraine exported almost 2 mln tonnes of rapeseed – State Fiscal Service
In January-October, Russia exported 24.5 mln tonnes of wheat – Federal Customs Service
Ukraine: depopulation rates and changes in the food culture slowed down development of the domestic flour market – expert
Leader of risk management on the global market of grains and oils became the sponsor of Middle East Grain Congress
Ukraine: PJSC SFGCU exported nearly 30 thsd tonnes of flour milling products
In January-November, the Ukrainian ports increased cargo shipment volumes – USPA