The EBRD warned Ukraine that the future of cooperation program with the IMF is ‘open to question’; the reason is that the government seems to have not made up its mind on the course of reforms in Ukraine.
In its latest report, the Bank hails the country’s return to international capital markets. ‘The Bank appreciates Ukraine’s successful return to international capital markets with sovereign issue of Eurobonds. However, keeping up with IMF program for Ukraine is currently questioned due to the lack of confidence in the reforms area,’ the report reads.