kyiv will follow reforms to obtain support from the IMF…

6:30 a.m .: kyiv to follow reforms to obtain IMF support

Ukraine will follow the recommendations of the IMF under an economic surveillance program with the institution, which could open the way to aid while the country’s budget and operating needs are estimated at between 40 and 57 billion dollars for 2023, the Fund said on Monday.

The Executive Board of the International Monetary Fund has reviewed Ukraine’s surveillance program (PMB) “aimed at maintaining financial stability and catalyzing donor funding”. The Ukrainian authorities are committed to reforms concerning in particular the collection of taxes, the domestic debt market, transparency and the independence of the Central Bank. They have four months to prove their progress.

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