Delay in IMF funding may push Ukraine into bond markets
Ukraine is facing delays in securing funding disbursements from the IMF, as questions around the authenticity of its anti-corruption drive cloud discussions between the country and the Fund. That may push Ukraine to tap the bond markets again, which last year welcomed it a number of times.
The funding in question is a $700m disbursement, which was originally planned for the fourth quarter of 2020, and which is part of the 18 month $5bn Standby Agreement signed with the IMF last year in June.
Of that total $5bn, $2.1bn has been disbursed so far.This ...