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                        FRIDAY, FEBRUARY 26, 2021
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IMF may delay loan for months after Ukraine cuts gas prices: BofA
Journal Staff Report

KYIV, Jan 20 The International Monetary Fund may postpone further disbursements of $5 billion stand-by loan to Ukraine for several months due to introduction of state controls on the gas market, BofA Global Research reported.

The IMF has been delaying disbursement of $1.4 billion in installments to Ukraine from July through December 2020 citing slow reforms and corruption concerns, but recent the decision to force lower gas prices may add negative sentiment.




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Currencies (in hryvnias)
  25.02.2021 prev
USD 27.95 27.90
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