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National Bank Sees Little Progress In Discussion On Use Of Russian Assets

National Bank Sees Little Progress In Discussion On Use Of Russian Assets
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Ukraine and IMF agree on Extended Fund Facility programme's third review: new tranche expected

Ukraine and the International Monetary Fund (IMF) have reached an agreement at expert level on a third review of the Extended Fund Facility (EFF) totalling US$15.6 billion. Source: Ukraine's Prime Minister Denys Shmyhal on Telegram Quote: "We expect that the Fund's Executive Board will approve this decision very shortly," he wrote on Telegram.

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The Brief – A Russian propaganda win on a silver plate

The Brief – A Russian propaganda win on a silver plate
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National Bank of Ukraine improves GDP growth forecast for 2024

"Despite the war, economic growth will continue. In 2024, real GDP is expected to increase by 3.6%, primarily due to the maintenance of high budget expenditures amid anticipated levels of international assistance at a sufficient level," he said.

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Ukraine's National Bank keeps interest rate at 15%

"This decision is in line with the need to further maintain exchange rate stability and moderate inflation in 2024, and bring it to the target range of 5% ± 1 pp," NBU Board Chairman Andrii Pyshnyi told a briefing.

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