KYIV, June 18 – Ukraine may try to refuse cooperation with the International Monetary Fund (IMF) during the electoral cycle 2023-2024, analysts at Bank of America (BofA) believe.

According to the BofA Global Research report, which is owned by Interfax-Ukraine, analysts believe that it may be extended to 2022 "given limited progress."

"However, we also think that the Ukrainian authorities may try to 'graduate' from reliance on IMF financing during the next electoral cycle in the second half of 2023 – the first quarter of 2024," the analysts said in the report.