Further separatist conflict and the possibility of protracted debt restructuring talks still pose “exceptionally high” risks to Ukraine’s efforts to restore its financial stability, the International Monetary Fund said on Tuesday.
In a report by IMF staff released after the fund’s first review of a $17.5 billion loan program, the IMF said the violent pro-Russian uprising in Ukraine’s eastern territories was one of the greatest threats to the country’s economy.
“Risks to the outlook remain exceptionally high,” it said, listing the main risks as “uncertainty about the duration and depth of the conflict… prolongation of the discussions on the debt operation… and …read more
Source: Voice of America