NBU waiting for about $2 bln from IMF this year

NBU waiting for about $2 bln from IMF this year

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Ukrinform
The National Bank of Ukraine (NBU) expects to receive about $2 billion from the International Monetary Fund (IMF) in 2018, the NBU's press service has reported.

"This year, the National Bank expects to receive about $2 billion from the IMF, and the government [hopes to get] loans from the EU and the World Bank. This will help increase international reserves to $20.5 billion (or 3.7 months of imports of the future period) at the end of 2018," reads the report.

However, the NBU noted that in 2019-2020, due to the peak payments for foreign public debt, it expected a deficit in the consolidated balance of payments and a reduction in international reserves.

As Ukrinform reported, IMF Managing Director Christine Lagarde said after a meeting with Ukrainian President Petro Poroshenko in Davos on January 24 that the IMF, along with other international partners, was ready to continue supporting Ukraine.

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