Delay of IMF tranche not to affect hryvnia - Finance Minister

Delay of IMF tranche not to affect hryvnia - Finance Minister

"The IMF, as a creditor, had to understand what the impact [from the blockade] would be on the budget. It is a financial document of the state and is very important for the IMF," Danyliuk said. The minister hopes that the IMF will complete calculations regarding the impact of the blockade on Ukraine's budget within a few days. Meanwhile, his ministry has almost completed analysis of the impact of Donbas blockade on the Ukrainian economy, and he believes it will be insignificant. According to Danyliuk, the budget deficit will remain at the level stipulated by the 2017 national budget. "We proved that the impact [from the blockade] exists, but is nor so significant, our economy will cope with negative consequences," the minister stressed.