The Scale and Importance of the Financial Assistance to Ukraine
The Scale and Importance of the Financial Assistance to Ukraine

Author(s): Daniel Szeligowski
Subject(s): Politics, Governance, Public Administration, Public Law, Geopolitics
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Ukraine; aid; Eastern Europe; economy; International Monetary Fund (IMF)
Summary/Abstract: Ukraine’s new government will face a challenge of continuing the process of macroeconomic stabilisation of the country. Implementing the IMF agreement to receive the next tranche of financial assistance should be a priority. International creditor support is essential in order to continue down the path of economic growth. However, the progress of reform has begun to interfere with the oligarchs’ business interest and their resistance will hinder the efforts. This conflict of interests may prevent Ukraine from accessing financial markets and make external debt service more difficult.

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