• Fri. Mar 1st, 2024

IMF and Ukrainian Authorities Meet to Discuss Economic Challenges and Support

ByEditor

Feb 13, 2024
International Monetary Fund (IMF) conducts discussions in Kyiv regarding continued assistance for Ukraine’s economy

The IMF team is currently in Kyiv, Ukraine for meetings with authorities and partners to discuss ongoing support. Led by Uma Ramakrishnan, the Deputy Director of the IMF’s European Department, the discussions will focus on the economic policy objectives of Ukrainian authorities and the challenges facing the Ukrainian economy.

On February 13th, the IMF team will join an inaugural meeting of the Steering Committee of the Ukraine Capacity Building Fund, under IMF patronage. This gathering will bring together Ukrainian authorities, development partners, and IMF staff to discuss priorities for enhancing Ukraine’s capacity and the IMF’s support for this crucial task. In December 2023, Ukraine received a third tranche of funding worth approximately $900 million from the IMF under its Extended Fund Facility (EFF) program.

Additionally, an IMF mission led by Gavin Gray will begin discussions with Ukrainian authorities in Warsaw as part of the third review of the EFF program. As previously reported, Ukraine has been disclosing its funding requirements for 2024. These discussions will be critical in evaluating the economic situation in Ukraine and determining necessary support to achieve its policy objectives. The support from the IMF is essential in helping Ukraine address its economic challenges and continue its partnership with us.

Leave a Reply