A mission of the International Monetary Fund arrives in Kyiv on April 7 to draft a new memorandum between Ukraine and the IMF, said the IMF permanent representative in Ukraine Max Alier. He said Ukraine can count on the resumption of loans only if the IMF inflation forecast does not exceed 10%.

"The IMF forecast inflation in Ukraine at 10.3%. Most likely in April the IMF mission will adjust the forecast and allow the last tranche of the stand-by loan withheld at the end of last year,“ said Oleksandr Zholud, an expert of the International Center for Policy Studies. He added, “IMF financial assistance will be sufficient to cover the budget deficit and support the national currency. However, this is not likely to rein in inflation, as under the terms of the agreement with the IMF the rates of gas and municipal heating would have to be raised to the level of the production cost to be eligible for further loans. As a result, the real cost of living in Ukraine will grow by 14-20% according to expert estimates, meaning that it will continue to grow at the same pace as last year.