The IMF intends to hold talks on continuation of cooperation with Ukraine in mid-December. According to Gerry Rice, the director of the IMF's communications department, the discussions between the staff of the IMF and the Ukrainian authorities continued after the IMF mission visited Ukraine in October, with a view to ensuring that policies are sufficiently ambitious to address Ukraine's challenges.
PM Mykola Azarov is optimistic about the consultations that the government's financial and economic leadership and the National Bank held with the IMF mission. The IMF announced after its mission's visit to Ukraine that it intended to assist the Ukrainian authorities in drafting a package of measures to address the imbalances in the country's economy.
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Ukraine's banking sector earned a record after-tax profit of UAH16.762bn ($457 mn) in January 2024, the National Bank of Ukraine (NBU) reported on March 6. Leading the charge was the state-owned ... more
The architects of Western sanctions against Russia miscalculated the impact of sanctions, particularly underestimating Russia's resilience to external financial pressures and its ability to boost ... more