You're reading: NBU expects to receive $4 billion of IMF loans

The National Bank of Ukraine (NBU) expect that in 2020 and 2021 $2 billion of loans from the International Monetary Fund (IMF) will be attracted and $3 billion and $3.5 billion will be raised from the placement of eurobonds in 2020 and 2021 respectively, according to a presentation posted on the central bank’s website.

According to the central bank’s forecast, other official external sources of financing should bring another $1 billion in the next two years.

As for expectations in the current year, the NBU expects to attract $2.5 billion from the IMF.

Making decisions on monetary policy, the NBU also proceeded from the forecast that in 2019 the amount of attracting EU macro-financial assistance and World Bank loans would amount to $0.6 billion, and the placement of eurobonds in 2019 would bring $2.5 billion.