Zelensky meets with IMF managing director in Kyiv
Photo: the Office of the President of Ukraine
The President of Ukraine, Volodymyr Zelensky, met with the Managing Director of the International Monetary Fund, Kristalina Georgieva. On Monday, February 20, the head of the IMF arrived in Kyiv for a visit.
"The IMF's support creates an opportunity for Ukraine to remain strong. It is also a weapon – an economic weapon that allows us, our society, and our business to develop. We really want business to develop, we want investments to come, and we know that the IMF always gives the right signals through its activities," the president wrote on his Telegram channel.
The meeting was also attended, in particular, by the head of the Office of the President of Ukraine, Andriy Yermak, and his deputy Rostyslav Shurma; head of the National Bank of Ukraine, Andriy Pishnyi; Minister of Finance of Ukraine, Serhiy Marchenko; Alternative Executive Director for Ukraine at the IMF, Vladyslav Rashkovan.
Georgieva was impressed by the fact that the country and the government were functioning well under these extraordinary circumstances of the invasion.
"I wanted to see that. When I speak to the board of directors of the IMF tomorrow, I will say that this is indeed the country that is functioning extremely well and effectively despite a terrible attack on its people and territory," Georgieva mentioned.
For reference:
Managing Director of the International Monetary Fund, Kristalina Georgieva, arrived in Kyiv on Monday, February 20.
In Warsaw, on Friday, February 17, the Mission of the International Monetary Fund to prepare for the review of the monitoring program ended. The Fund's employees and the Ukrainian authorities reached agreements at the personnel level. Work on the new program continues.
In a few weeks, the International Monetary Fund will complete the preparation of the support program for Ukraine. Currently, the plan must be approved by the Fund's management.
Earlier the day, the Prime Minister of Ukraine, Denys Shmyhal, announced after the meeting with the IMF Managing Director that Ukraine expects to launch a new multi-year extensive program with the IMF worth more than US$15 billion. It is planned that the program with the IMF will consist of two parts: immediate financial support and support for structural reforms that will contribute to reconstruction.
