KIEV, May 28 – The International Monetary Fund is unlikely to come to an agreement with Ukraine in 2013, director of sovereign ratings at S&P (Standard & Poor's international agency) Trevor Cullinan has said.

He was speaking during an S&P conference in Kiev on Tuesday.

Cullinan also said that the need to pay out essential funds to service the foreign debts of the Ukrainian government will remain until 2017 and that the lack of opportunities on the foreign borrowing market for the Ukrainian authorities is putting pressure on the sovereign rating of the country.