Ukraine agrees with IMF financing package

In the statement made by the IMF, it was reported that the IMF mission delegation and the Ukrainian authorities agreed at the technical level to provide a 48-month fund, including support for financial stability and economic recovery.

In the statement, it was indicated that, at the request of the Ukrainian authorities, the IMF delegation headed by Gavin Gray held talks with the Ukrainian authorities on a 4-year economic program in Warsaw from March 8 to 15.

In the statement, which indicated that the financing package is approximately 15.6 billion dollars, it was noted that the economic program in question is subject to the approval of the Executive Board of the IMF and that the board is expected to evaluate it in the coming weeks. .

On the other hand, US Treasury Secretary Janet Yellen made a written statement on the agreement reached between Ukraine and the IMF on the new economic program.

Emphasizing that an ambitious and conditional IMF program is critical to supporting Ukraine’s reform efforts, including strengthening good governance, addressing corruption risks, and providing necessary financial support, Yellen said she will also support economic assistance. provided by the United States and its partners. (AA)