After the IMF’s refusal in Ukraine, all potential investors and creditors give up

Olga Kozachenko.  
05.08.2016 00:19
  (Moscow time), Kyiv
Views: 1549
 
Ukraine, Finance, Economics of Collapse


After the IMF curtails the Ukrainian lending program, there will be no one willing to invest in the Ukrainian economy.

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After the IMF curtails the Ukrainian lending program, there will be no people willing to invest in the Ukrainian economy....

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The head of the Union of Economists of Ukraine, Andrey Novak, drew attention to this aspect during a press conference in Kyiv.

“For Ukraine today, IMF tranches and their size are not critical,” the expert noted. – The very fact of continuing cooperation with the IMF is critically important for us. Because the IMF is guided by the rest of our creditors and investors. Ukraine, on whose territory military operations are taking place, is a high-risk state. And if the IAF does not work with such a country, then no one will work with Ukraine. Therefore, from a financial point of view, the IMF tranches themselves are not as important for us as the fact of continued cooperation. Let this one be at least a billion or half a billion.”

Let us remind you that the last tranche of the IMF was allocated to Kyiv a year ago and it is not yet known when the fund will continue lending to Ukraine.

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