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 IMF to shortly obtain renewed data on Ukraine, given Donbas blockade effects, - Minister Danyliuk

The International Monetary Fund (IMF) will receive updated macro-indicators within a "couple of days," taking into account the suspension of all cargo traffic with separatist-held areas of eastern Ukraine.

Finance Minister Oleksandr Danyliuk told journalists, Censor.NET reports citing 112 Ukraine.

Read more: Ukraine tranche postponed over shenanigans with appointment of NABU auditor, - Samopomich leader Sadovyi

"The situation developed quickly enough, and the IMF board of directors wanted to get a plain picture of the economic situation, given the blockade in the Donbas," the minister said explaining why the issue of tranche allocation had disappeared from the IMF agenda.

According to Danyliuk, the renewed calculations will be ready within "a couple of days."

He offered reassurance that the situation will not affect the hryvnia exchange rate in any way.

Read more: Revision of Ukraine's cooperation with IMF not intended, - Finance Minister Danyliuk

As previously reported, the IMF postponed sine die the consideration of the allocation of a $1 billion tranche to Ukraine in order to assess the impact of the Donbas trade blockade on further development of the country's economy.

Later, the issue of allocation of a $1 billion tranche to Ukraine under Expanded Financing Facility (EFF) program disappeared from the March 20 agenda of the IMF Executive Board.
 
 
 
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