Publication

This paper discusses the challenge the International Monetary Fund (IMF) faces in providing loans to the Ukraine which will be repaid. The author points out that the long-standing and severe economic mismanagement in Ukraine in conjunction with the acute security/energy crisis in the country increases uncertainty about the country's future economic conditions, lowers the prospects for Ukraine's ability to repay its debts, and ultimately puts a strain on the IMF's effectiveness when it comes to providing loans to Kiev.