An International Monetary Fund mission, which had arrived in Ukraine on Oct. 25, finished its work a day ahead of schedule, leaving this country without a long-awaited decision and, what is more, without the next loan installment. Yet Max Alier, IMF Resident Representative in Ukraine, sounded almost optimistic: “Progress has been made on policies to complete the second review under the Standby Arrangement. We have decided to take a pause to enable some additional technical work to be carried out.” What exactly work? The Fund does not go into this kind of details but still promises to resume the discussion “in the near future.” Read the text here.
