Politics and agribusiness

April 14 2014, 12:31 Source: APK-Inform Views: 1011

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.


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