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IMF to issue third tranche to Ukraine, further aid may be delayed - expert

The Ukrainian parliament gives weak support for required reforms.

IMF to issue third tranche to Ukraine, further aid may be delayed - expert
Olena Bilan
Photo: www.dragon-broker.com

Ukraine will receive the third tranche of 1.7bn dollars from the IMF under the Extended Fund Facility programme in 2016 (possibly in two instalments), however the probability of further tranches being delayed is high, Dragon Capital's chief economist Olena Bilan has said in a comment for LB.ua.

Further support may be delayed due to parliament's weak support for reforms, she added.

"The lack of financing will have no significant negative effect on the economy in the short term but without reforms the economy will not develop or reach a sustainable growth trajectory," she said.