Fitch Ratings: without IMF loans to Ukraine - Khan
The international rating agency Fitch Ratings notes the high dependence of Ukraine's creditworthiness on the support of the International Monetary Fund (IMF) and adds that the delay in resuming cooperation with the Fund is a source of uncertainty, a PolitNavigator correspondent reports.
This was reported in a press release from the agency on Monday.
In general, Fitch has a positive assessment of the dynamics of the Ukrainian economy. “Increased exchange rate flexibility and monetary policy focused on price stability, as well as prudent banking regulation, contributed to increased macroeconomic stability,” the agency concluded.
Let us recall that, as part of the IMF’s cooperation with Ukraine, the allocation of $2015 billion to the country was approved in 17,5. The funds, designed for four years, were to be transferred to Ukraine on the terms of a number of structural reforms and the adoption of anti-corruption legislation.
Currently, the IMF is demanding higher gas prices for the population. Under pressure from the IMF, the authorities also agreed to create a High Anti-Corruption Court in Ukraine.
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