Xinhua: IMF aid suspension main threat to Ukraine's financial stability - Dec. 18, 2017

Xinhua: IMF aid suspension main threat to Ukraine’s financial stability

By Xinhua.

Published Dec. 18, 2017 at 8:31 pm

In this photo released by the International Monetary Fund, Managing Director Christine Lagarde (R) (R) greets Ukrainian President Petro Poroshenko (L) at the IMF Headquarters June 20, 2017 at the IMF Headquarters in Washington, DC.

Photo by AFP

The possible suspension of aid from the International Monetary Fund (IMF) is a main threat to Ukraine’s financial stability in the coming years, the country’s central bank said in a report on December 18.

“Without support from international institutions, a successful roll-over of the more than 20 billion U.S. dollars of sovereign and state-guaranteed debt maturing in 2018-2020 is unlikely,” the National Bank of Ukraine (NBU) said in its biannual Financial Stability Report.