REUTERS
Completing the next review would facilitate further multilateral financing.
Fitch Ratings forecasts that the fourth review of the Extended Fund Facility for Ukraine under a cooperation program with the International Monetary Fund (IMF) with the disbursement of US$1.9 billion may take place in the third quarter.
"In its baseline scenario, Fitch expects the fourth review to be finalised in 3Q18, leading to the disbursement of the next programme tranche (possibly $1.9 billion)," it said in a statement posted on its website.
Read alsoFitch affirms Ukraine at 'B-' with stable outlook
"Completing the next review would facilitate further multilateral financing and likely provide a window for the sovereign to return to international markets ($2 billion)," it said.
According to Fitch, a fourth Macro-Financial Assistance (MFA) Programme of EUR1 billion could be approved by the European Union in the middle of 2018.
Fitch does not anticipate further disbursements under the current IMF EFF, as the programme is scheduled to end in early 2019.
As was reported earlier, Fitch Ratings on April 27 affirmed Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-'. The Outlook is Stable.