IMF insists on the devaluation of the hryvnia: what awaits Ukrainians.

The IMF advocates for a gradual reduction in the value of the hryvnia

According to inkorr.com: The International Monetary Fund proposes gradually reducing the value of the hryvnia to improve the situation in public finances. However, this step may create difficulties in the relationship between Kyiv and the IMF.

New loan agreements for Ukraine

If a new loan agreement with the IMF is concluded for up to 8 billion dollars, Ukraine will be able to receive additional financial support. But the regulator and the National Bank of Ukraine have different views on currency policy.

'Such a decision may provoke a new wave of price pressure and undermine public trust in financial stability,' the National Bank of Ukraine warns.

IMF forecasts for the Ukrainian economy

According to the updated October World Economic Outlook, the IMF expects growth in Ukraine's real gross domestic product and revises estimates of public debt dynamics.

'The Fund's economic forecasts are based on the assumption of prolonged hostilities until 2026,' said an IMF representative.

The Fund also emphasizes the importance of implementing structural reforms in Ukraine to prepare for debt restructuring and Eurointegration processes.

During negotiations with the IMF, issues regarding the gradual decrease in the value of the hryvnia, a new loan program of 8 billion dollars, and forecasts for Ukraine's economic development are discussed, based on the possibility of continuing hostilities until 2026. The necessity of structural reforms is emphasized to strengthen the country's financial stability.