National Bank downgrades outlook for Ukraine’s international reserves for 2018-2020

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Open source

The National Bank has revised macroeconomic outlook and downgraded its outlook for the international reserves of Ukraine for 2018-2020.

According to the NBU, in 2018 the level of reserves at the end of the 2018 will decrease from USD 21.6 billion to USD 20.7 billion, in 2019 – from USD 19.1 billion to USD 18.8 billion and in 2020 year – from USD 20 billion to USD 19.7 billionfrom USD 21.6 billion to USD 20.7 billion, UNIAN news agency reports.

«The National Bank expects that the necessary reforms will be carried out, and expects Ukraine to receive USD 2 billion from the International Monetary Fund (IMF) in 2018, as well as loans from the European Union and the World Bank», – the statement said.

As «The Journalist» reported, NBU stated that Ukraine can survive without IMF loan.

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