Ukraine could start talks with IMF on long-term program in autumn – World Bank
Ukraine could begin negotiations with the International Monetary Fund (IMF) on a new long-term financing program in autumn, World Bank Director for Ukraine, Belarus and Moldova Satu Kahkonen has stated.
Negotiations on a long-term program with the IMF should start in autumn because there is a need to continue cooperation, she said during the presentation of the updated economic forecast in Kyiv.
The World Bank hopes that the new government will adhere to the terms of the program with the fund, she stressed.
At the same time, Kahkonen refused to comment on the first appointments to senior positions by President of Ukraine Volodymyr Zelensky. However, she noted that the World Bank expects the coming of educated and qualified specialists with a high level of integrity.
Advertising
Advertising
MORE ABOUT
Zelenskyy at World Bank meeting: Ukraine needs efficient financial shield
09:23, 18.04.2024
Ukraine's Finance Minister holds number of meetings within World Bank-IMF Spring Meetings in Washington
09:28, 16.04.2024
Participants in IMF and World Bank spring meetings to discuss support for Ukraine
20:08, 12.04.2024
Ukraine expects receipt of $1.5 bln under World Bank's DPO by late March – Ministry of Finance
11:16, 27.03.2024
World Bank approves Development Policy Operation of $1.5 bln for Ukraine
09:54, 27.03.2024
LATEST
Banking network, after growing in Q4 2023, narrows again in Q1 2024 – NBU
20:37, 19.04.2024
EIB developing energy-efficient housing restoration program for Ukraine with EUR 230 mln budget
16:45, 19.04.2024
Ukraine to receive EUR 560 mln from EIB for energy, housing rehabilitation projects
15:03, 19.04.2024
Ministry of Health in 2023 reduces number of drugs purchased through MAA mechanism - Sanofi
13:22, 19.04.2024
Ukrnafta will reduce electricity consumption at its filling stations