Ukrainian central bank warns over ‘lengthy delay’ to IMF aid
National Bank of Ukraine calls for urgent action on state-owned banks; interim governor still in post after seven months
The National Bank of Ukraine told the country’s government it must work to agree the next tranche of bailout aid from the International Monetary Fund.
The NBU warned today (December 18) that any “lengthy delay” to the next tranche of IMF aid would be the “key risk” to Ukraine’s financial stability. “Without support from international institutions, a successful rollover of the more than $20 billion of sovereign and state-guaranteed debt maturing in 2018–20 is unlikely,” said the NBU. The warning
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