The IMF links upgraded Ukraine’s GDP forecast for 2020 with a faster-than-expected recovery of some indicators of the country’s economic development in the second quarter of this year, ukrinform reported. […]
IMF
NBU does an excellent job – IMF
The National Bank of Ukraine does an excellent job and performs its tasks in accordance with the law, and the banking sector is reported to be in good shape, ukrinform.net […]
Ukraine received $2.1 bn from IMF
Ukraine has received the $2.1 billion from last week’s IMF stabilization deal, boosting national reserves to $28.7 billion, ubn.news reports. Yakiv Smoliy, governor of the National Bank of Ukraine tweeted […]
Moody’s upgrades Ukraine’s ratings; stable outlook
Moody’s Investors Service, (“Moody’s”) has upgraded the Government of Ukraine’s long-term issuer and senior unsecured ratings to B3 from Caa1. The outlook on the ratings is stable. The main driver of the decision […]
IMF approves Stand-By Arrangement for Ukraine
The IMF Executive Board has approved an 18-month Stand-By Arrangement for Ukraine, with total access of about $5 billion, the IMF said in a statement on June 9. According to […]
IMF and Ukrainian officials reached a staff-level agreement
An International Monetary Fund concluded remote discussions with the Ukrainian authorities on May 21 and reached a staff-level agreement on economic policies for a new 18-month Stand-By Arrangement (SBA). At […]
World economy may not recover until 2025 – Ukraine’s representative to the IMF
The economic impact of world coronavirus curbs will be felt until 2025, Vladyslav Rashkovan, Ukraine’s representative to the IMF, said in a video conference organized by Deloitte. Referring to the […]
PrivatBank’s claim will go to trial in England
The UK Supreme Court rejected the appeal of a former owner of PrivatBank, Igor Kolomoisky, he will face trial at London’s High Court. “The Bank is confident that it will […]
Oligarch’s faction wants to derail the ‘anti-Kolomoisky’ bill
In an attempt to derail the ‘anti-Kolomoisky’ banking bill, members of the oligarch’s Rada faction have submitted over 13,000 amendments to the bill that won initial Rada approval one week […]
Ukraine’s Eurobonds rallied on news of approaching IMF deal
Ukraine’s Eurobonds and GDP warrants rallied sharply on news of Rada approvals of bills seen as clearing the way to an IMF deal. GDP warrants jumped 11.6% Tuesday, to 74.8% of […]
Coronavirus will cause global recession as bad as during the global financial crisis – IMF
IMF predicts a global recession at least as bad as during the global financial crisis or worse. “The economic impact is and will be severe, but the faster the virus […]
Ukraine is negotiating an emergency package from IMF due to coronavirus pandemic
Ukraine is negotiating an emergency package from the IMF to contain the economic fallout from coronavirus, Yakiv Smoliy, governor of the National Bank of Ukraine. He said it is too […]
Instability requires fast and coordinated action from Ukrainian authorities – Vox Ukraine
Vox Ukraine, an influential group of largely free-market economists, warned in an open letter: “Ukrainian authorities have no time, and instability in the world requires fast and coordinated action.” Vox reminded: […]
Kolomoisky claims that he will get PrivatBank back soon
Oligarch Ihor Kolomoisky expects that PrivatBank CB JSC will be returned to him in the near future. “The International Monetary Fund knows that PrivatBank will be returned (to me) in […]
