Ukraine and IMF have not agreed on a new credit program – Forex
After two weeks of work in Kiev, the mission of the International Monetary Fund and the government of Ukraine have not reached final agreements, Ukrainian News Agency reports, citing a source familiar with the creditor's position. The negotiations were not aimed at obtaining the next tranche under the current program. It was about a new credit program. The source cited a number of reasons that did not even bring us closer to the draft memorandum of cooperation. Lenders fear that the leadership of the National Bank of Ukraine may be under pressure, as the Interim Investigative Commission of the Parliament may be established, which will investigate the activities of the Central Bank's leadership. It threatens his independence. The second reason was the statement of Ukrainian Prime Minister Alexei Goncharuk about the possible achievement of a compromise with the former owner of Privatbank Igor Kolomoisky on its nationalization. The creditors' concern was also caused by uncertainty with the state budget of Ukraine for the next year, the project of which will undoubtedly undergo changes.