On February 12, Prime Minister of Ukraine Denys Shmyhal met with the team of the International Monetary Fund led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department.
The meeting was also attended by Minister of Finance of Ukraine Sergii Marchenko and Alternate Executive Director for Ukraine at the IMF Vladyslav Rashkovan.
The parties discussed the implementation of reforms and Ukraine’s financing for this year.
“The Government is working closely with its partners in this area. We have a positive decision on the EUR 50 billion Ukraine Facility and the support of the G7 countries,” the Head of Ukrainian Government stressed.
The Prime Minister noted the efficiency of the Ukrainian grain corridor and its positive impact on the economy. The participants of the meeting also outlined the points of GDP growth, including the development of the defence industry.
Denys Shmyhal spoke about the work on confiscating frozen russian assets.
“Together with our partners, we expect to work out a mechanism this year that will allow us to use these assets to restore our country,” the Head of Government said.
The Prime Minister thanked the Fund for the successful second review of the $15.6-billion EFF programme. He stressed that the IMF was one of the largest financial partners of Ukraine: “In total, the Fund has provided Ukraine with more than $7 billion in 2022-2023. This year we expect $5.4 billion from the IMF. We are working systematically to ensure macroeconomic stability.” (Government portal/Business World Magazine)
