KIEV, Feb. 17 – The World Bank has noted the risk of the termination of the current Stand-By Arrangement between Ukraine and the International Monetary Fund.

Such an assumption is stipulated in the World Bank Country Partnership Strategy for Ukraine covering the period of 2012-2016, the text of which has been posted on the bank's Web site.

"A key macroeconomic risk is related to access to external financing. The existing Stand-by Arrangement with the IMF is at risk of being discontinued and rollover risks are exacerbated by large debt service repayments falling due in 2012, including to the fund," reads the document.