The Central Bank of Ukraine held the reference interest rate for a fourth meeting while inflation is high And the country seeks more help from the International Monetary Fund to underpin its war budget.
The National Bank of Ukraine maintained the key interest rate in 15.5%, as reported on Thursday in a statement. The decision was scheduled by the six economists surveyed by Bloomberg.
“Inflation is stabilizing a descending trajectory, but it is still high,” said the Central Bank, adding that a new harvest and other factors were helping to control prices.
After the fourth year of the Russian invasion, the foreign allies of Ukraine are increasingly reluctant to cover their two -digit budget deficit. After receiving most of your current IMF loan, Ukraine plans to request more in a new package.
Prime Minister, Yuliia Svyrydenko, announced on Tuesday that he had officially requested the IMF a new program. Washington headquarters with headquarters met with Ukrainian officials this week to agree on next year’s budgetary needs and donor financing plans. Both parties plan to continue the consultations to obtain the approval of the IMF board before the end of the year.
