11.09.2018
The IMF remains the key to many issues in Ukraine. News of the September 6th arrival of its mission signaled that a deal had been reached with Ukrainian authorities.
On August 29th, however, the Cabinet extended existing residential gas rates for another month, which confused observers. We remain optimistic that a deal will be struck with the Fund, since Premier Volodymyr Groysman has little room for maneuver, with the hryvnia moving into creeping depreciation. But with elections around the corner, we can’t rule out surprises entirely. More about recent tendencies you can read in our new report “IMF Arrives, as Election Prospects Turn Murky”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.