russia’s assets will remain frozen until it pays for damage it caused to Ukraine – G7
The G7 Finance Ministers and Central Bank Governors, joined by the Heads of the International Monetary Fund (IMF), World Bank Group (WBG), Organization for Economic...
European countries reduced their dependence on russian gas to 10% since full-scale invasion – IMF
Since the onset of russia’s full-scale aggression against Ukraine, European countries reduced their dependence on russian gas from 40% before the war to 10% at...
No need for debt write-off or restructuring – Ukraine’s Finance Minister
We do not need writing off debts and restructuring, we need a financial bridge for the next few months to ensure the uninterrupted functioning of...
Ukraine secures USD 700m from IMF, SBA extended
At a meeting to review the ongoing Stand-By Arrangement with Ukraine, the IMF Executive Board decided to extend the program and allocate a tranche of...
IMF explained upgrade of Ukraine’s GDP forecast
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...
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...
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...
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...
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...