G7 Ambassadors reaffirm importance of fulfilling terms of IMF SBA, EU MFA at meeting with PM

09:22, 12.04.2021 1 min read

G7 Ambassadors at a meeting with Prime Minister of Ukraine Denys Shmyhal stressed the importance of fulfilling the conditions of the Stand-By Arrangement (SBA) of the International Monetary Fund (IMF) and Macro-Financial Assistance (MFA) of the European Union.

"G7 Ambassadors met PM Denys Shmyhal yesterday for a wide-ranging discussion. They reaffirmed support for Ukraine's reform efforts and the importance of meeting the agreed conditions for the IMF Stand-By Arrangement and EU Macro-Financial Assistance," the G7 Ambassadors said on Twitter on Saturday.

In addition, the G7 Ambassadors "acknowledged the ongoing challenges of COVID-19."

They discussed the reforms of Ukraine's military industrial complex; the importance of good governance across the full range of economic activity.

The diplomats also called on Ukraine to further contribution to global efforts to climate change, the ambassadors said.