Shmyhal says Ukraine hopes for launch of new $15B program with IMF

Shmyhal says Ukraine hopes for launch of new $15B program with IMF

Ukrinform
Ukrainian Prime Minister Denys Shmyhal has met in Kyiv with IMF Managing Director Kristalina Georgieva and the IMF team and said Ukraine hopes for the launch of a new program worth more than $15 billion.

According to Ukrinform, Shmyhal reported this on his Telegram channel.

"We discussed mechanisms for financial support for Ukraine. We achieved success in the implementation of a monitoring program. In particular, we finalized the implementation of all structural benchmarks. Therefore, we are counting on the launch of a new multi-year large program worth more than $15 billion," Shmyhal said.

It is planned that the program with the IMF will consist of two parts, including immediate financial support and support for structural reforms that will contribute to recovery, Shmyhal said.

He added that he was pleased to hear the IMF's appreciation of the government's efforts to maintain macroeconomic stability and continue key reforms despite the war.

"We thank the IMF for its important support for Ukraine, which strengthens us in the fight for our freedom and democratic values," Shmyhal said.

Read also: Zelensky meets with IMF managing director

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-