KYIV, Oct 22 – The approval of the Stand-By Arrangement of the International Monetary Fund (IMF) will contribute to macro-financial stability and will be a positive signal for foreign investors, according to bankers polled by Interfax-Ukraine.
"The approval of the new program is very important for macro-financial stability. In addition to direct financing from the IMF, Ukraine will be able to get access to the World Bank and EU funding, as well as try to borrow in the foreign market. This will enable to carry out large foreign debt payments in 2019," chief economist at Alfa-Bank (Ukraine) Oleksiy Blinov said.
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