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Ukraine outlook bolstered by renewed IMF cooperation, EBRD says

Ukraine outlook bolstered by renewed IMF cooperation, EBRD says

New agreement would help to address financing needs and maintain macroeconomic stability The Ukrainian economy has continued to pull out of sharp recession and the outlook has been bolstered by the prospect of renewed cooperation with the International Monetary Fund (IMF), the European Bank for Reconstruction and Development (EBRD) said. In its latest Regional Economic ... Read More
 
Groysman concedes need for gas price hike

Groysman concedes need for gas price hike

By Denys Krasnikov. Published Aug. 25. Prime Minister Volodymyr Groysman said that Ukraine needs to raise gas prices, signaling that he may be willing to meet a condition from the International Monetary Fund for Ukraine to receive its next loan tranche. At a press briefing in Lutsk on Aug. 23, Groysman said Ukraine recognizes its obligation to raise gas ... Read More
 
Business associations, investors call on lawmakers to secure next IMF tranche before July 20

Business associations, investors call on lawmakers to secure next IMF tranche before July 20

By Ilya Timtchenko. Published July 13. Updated July 13 at 7:14 pm Top investors and business associations have called on the Ukrainian government and parliament to make a deal with the International Monetary Fund in order to unlock a long-delayed $1.9 billion tranche of aid money for the country. If Ukraine does not receive further ... Read More
 
IMF calls for changes to anti-corruption court law, 2 other steps to restart lending in Ukraine

IMF calls for changes to anti-corruption court law, 2 other steps to restart lending in Ukraine

The International Monetary Fund called on Ukraine’s parliament to “quickly approve” a supplementary law submitted by President Petro Poroshenko to establish a High Anti-Corruption Court that will “adjudicate all cases under its jurisdiction, including all appeals of relevant first instance court decisions.” The requirement that the High Anti-Corruption Court hears appeals of lower court decisions ... Read More
 
How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

How 2018 Currency Champ Is Dodging the Emerging-Market Rout (Bloomberg)

 On the surface, Ukraine doesn’t look much like a country with a world-beating currency. An international bailout has been frozen for more than a year, its finance minister was fired last week and a Kremlin-backed war continues to simmer in its eastern climes. But almost halfway through 2018, the hryvnia is the No. 1 performer ... Read More
 
Experts look for economic positives, worried over losing IMF support

Experts look for economic positives, worried over losing IMF support

By Natalia Datskevych. Published April 24. Updated April 24 at 3:39 pm An employee works on the field on April 13 in Kyiv Oblast. Agriculture has been one of the most successful sectors in Ukraine in attracting investment.Photo by Oleg Petrasiuk Although Ukraine’s economy is still struggling, leading experts predict economic growth in 2018. All ... Read More