IMF Begins Review of Ukraine Loan as Kyiv Delays Tax Hike
- War-hit nation expects lender to approve $1.1 billion loan
- September assessment showed divisions between lender, Ukraine
The IMF’s previous assessment in September exposed divisions with Ukraine’s central bank over the pace of hryvnia devaluation and interest-rate policy.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The International Monetary Fund began its latest assessment of its loan program with Ukraine, even as Kyiv delays passing tax legislation as the lender expects.
The Washington-based lender sent its staff to the Ukrainian capital for talks that may open a path for another $1.1 billion tranche under the four-year initiative, according to a statement from Ukraine’s Finance Ministry published Monday.