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Finance Minister Danyliuk’s replacement may delay IMF loan decision
Journal Staff Report

KYIV, June 6 - The resignation of Finance Minister Oleksandr Danyliuk could lead to a delay in the tranche of the International Monetary Fund (IMF), the impact on the hryvnia exchange rate will be neutral, the bankers interviewed by Interfax-Ukraine have stated.

"In the short term, this dismissal should not affect the hryvnia exchange rate. At the same time, it might affect the medium term, since the appointment of a new minister and the creation of a new team by him may take some time, as this entails the creation of a new financial programs and visions on certain processes in the country's financial management, which, in turn, could delay the issue of a tranche under the IMF program," Danylo Lysenko, an expert in the department for the sale of treasury products at OTP Bank, said.




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Currencies (in hryvnias)
  24.04.2024 prev
USD 39.59 39.78
RUR 0.425 0.426
EUR 42.26 42.31

Stock Market
  23.04.2024 prev
PFTS 507.0 507.0
source: PFTS

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