Former Fed Vice Chair Donald Kohn on monetary policy strategies, tools, and communication
Peculiarities of IMF Memorandum Implementation in 2019
The International Monetary Fund approved a program of assistance for Ukraine in the amount of 3.9 bln. dollars under the Stand by program on December 18, 2018.
There are less requirements under this program. However, the interesting fact is that the review of the program and, accordingly, the progress of the implementation of the memorandum will only be in June-July, just after the presidential elections.
On this basis, two risks can be noticed at once – attempts to reach the elections at any price and the uncertainty about the policy of the future president.
[ > International Centre for Policy Studies — February 8, 2019 ]