UKRAINE WAS APPROVED IMF: $17 BLN
The International Monetary Fund on Friday approved the latest payment to Ukraine in its $US17 billion ($A18.2bn) bailout program, providing a critical boost to Kiev as it faces military, economic and political threats.
The IMF said its board approved a $US1.39bn payment, which will bring total disbursements under the program to $US4.51bn.
Months after Russia moved to annex the Crimea region this spring, Ukraine is fighting a growing Russia-backed military force along its eastern borders. Moscow has denied military involvement, blaming the fighting against Kiev on volunteers, separatist fighters and some disoriented Russian troops.
On the economic front, Russia's energy minister said Friday that negotiations on Ukraine's gas debt can't start until Kiev pays $US1.45bn of debt to Russian gas giant OAO Gazprom.
For Ukraine's government, the onset of cold winter months could exacerbate an already fragile outlook, with the economy battered by months of turmoil and civil war in the east of the country.
Prime Minister Arseniy Yatsenyuk this week called for swift steps to stabilise the hryvnia, the local currency, which has fallen steeply in the last year. The IMF backs a flexible exchange rate rather than the peg to the dollar that Kiev previously maintained.
In July, Ukraine's ruling coalition broke up, setting the stage for parliamentary elections that could strengthen the hand of President Petro Poroshenko as he backs a fight against the insurgency in the east.
|December, 11, 10:25:00|
|December, 11, 10:20:00|
|December, 11, 10:15:00|
|December, 11, 10:10:00|
|December, 11, 10:05:00|
|December, 11, 10:00:00|
REUTERS - State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January.
U.S. BLS - Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care.
Отклонение нефтегазовых доходов федерального бюджета от месячной оценки, соответствующей Федеральному закону о федеральном бюджете на 2017-2019 годы, в декабре 2017 года прогнозируется в размере +204,8 млрд руб.
“Tight oil supplies are the wild card. They have reshaped the global outlook in recent years,” observed Ayed S. Al-Qahtani, who directs the research division at the OPEC Secretariat in Vienna. “US tight oil supplies will be the most important contributor but are expected to reach their peak around 2025.”