Ukraine industry +1.2% in May

Ukraine industry +1.2% in May

Ukraine industry +1.2% in May Ukraine’s industrial output recovered 1.2% yoy in May after declining for the last three months, the State Statistics Service reported on June 22.  For 5M17, industry remained in the red by 1.3% yoy. The main source of growth in May was machinery, which surged 14.7% yoy after slipping 0.8% yoy […]

IMF board approves USD 1.0 billion tranche for Ukraine

IMF board approves USD 1.0 billion tranche for Ukraine

IMF board approves USD 1.0 billion tranche for Ukraine The IMF Executive Board reported on April 3 it has completed the third review of its USD 17.5 bln Extended Fund Facility program and approved a USD 1.0 bln disbursement for Ukraine. In its release, IMF Acting Chair David Lipton emphasized that for sustainable growth, Ukraine needs […]

Ukraine IMF Agreement

Ukraine IMF Agreement

Ukraine reaches latest IMF agreement, paving way for USD 1 bln tranche The Ukrainian government reached an agreement with IMF staff to update its economic and financial policies memorandum, IMF Mission Chief in Ukraine Ron van Rooden announced on March 4. As a result, the third review of the Extended Fund Facility (EFF) program by […]

IMF to approve next wire for Ukraine

IMF to approve next wire for Ukraine

IMF to approve next wire for Ukraine The only reason to read IMF news is to determine how tough the international community is being on the UA making real reforms … we are under no illusion that reforms will be made on their own and without the IMF withholding funding in exchange for change. One […]

Ukraine GDP +4.5-4.8% in 4Q16

Ukraine GDP +4.5-4.8% in 4Q16

Ukraine GDP grew 4.5-4.8% in 4Q16, Statistic Service provisional report Ukraine’s GDP increased 4.5-4.8% yoy in 4Q16, reported Igor Verner, Head of State Statistics Service at the Cabinet meeting on Feb. 8, according to Interfax-Ukraine news agency. The number was estimated based on the results of the core sectors of economy. The IMF anticipated 1.5% […]