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IMF loan delay may reduce Ukraine’s other borrowing plans
Journal Staff Report

KYIV, July 16 - The delay of the International Monetary Fund (IMF) loan will sharply reduce Ukraine's chances of attracting another credit tranche, business community representatives believe.

"Today it is very important for the cooperation to continue as quickly as possible, and the IMF mission arrived this summer, not in September. In September, the existing requirements of the fund will be supplemented by the need to coordinate the national budget for the next year and, consequently, this process might drag on until 2019," President of the European Business Association (EBA), CEO of Dragon Capital Tomas Fiala said during a press conference in Kyiv.




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