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Ukraine likely to get less money from IMF amid delayed reforms: NBU official
Journal Staff Report

KIEV, July 6 - Ukraine's central bank said on Thursday that the government's delays in passing reforms mean Ukraine will probably receive $3 billion in aid from the International Monetary Fund this year instead of the $4.5 billion originally envisaged, Reuters reported.

The government is trying to push contested legislation through parliament, including raising the pension age and lifting a ban on land sales, as part of a $17.5 billion bailout agreed with the IMF in 2015.

One tranche of IMF aid will likely be postponed until 2018, acting Central Bank Governor Yakiv Smoliy told reporters at a press conference.




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