The IMF requests budget 2019 approval, media report

UKRAINE - In Brief 20 Sep 2018 by Dmytro Boyarchuk
Local news agency reported that the IMF requested to approve budget 2019 to complete the fourth review under the EFF program ($1.9 billion wire expected). The IMF mission left Kyiv yesterday, on September 19. Neither the IMF, nor the Cabinet commented on results of the mission work so far. Local media cite anonymous source telling that no deal was reached. To make matters worse, the IMF added budget 2019 approval to the list-to-do. The news is really disappointing since expectations were totally different. Some officials, like Head of Naftogaz Andrey Kobolev, even commented to media that the deal on gas prices is almost closed. Against the backdrop of no official statements from the IMF the story indeed looks disturbing. But, probably, we should not rush to draw conclusions before official comments released.

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