OP-ED

Anders Aslund: No IMF funding for Ukraine until Zelensky earns trust

By Anders Aslund.
Ukrainian president Volodymyr Zelensky addresses the Ukrainian parliament on Oct. 20, 2020 in Kyiv.
Photo by Kostyantyn Chernichkin

In May 2020, the International Monetary Funding (IMF) concluded an eighteen-month standby agreement with Ukraine worth USD 5 billion, with an immediate disbursement of USD 2.1 billion. A second disbursement was planned for September, but did not take place because Ukraine had not carried out the necessary prior actions.

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