IMF Engagement Still Key as Ukraine Makes Macro Progress, mitigating low liquidity and reducing the risks of refinancing. According to a report from the international rating agency Fitch Ratings, IMF financing is the key to maintaining international reserves of our country and the growth of the volume of payments for sovereign debt.
The agency recalled that the confirmation of the sovereign rating of Ukraine in April was expected to complete the fourth revision of the program in the third quarter of 2018. According to Fitch, key changes remain unchanged in the 2018 budget to achieve a GDP deficit of 2.5 % in line with the program and adjustment of household gas tariffs. As UNIAN reported, the international rating agency Fitch Ratings confirmed the long-term ratings of the issuer of Ukraine in foreign and national currency at the level “B-” with a stable outlook.
