The head of the IMF announced the plans after a conversation with President Zelensky.
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva announced the start of work on a new long-term credit program for Ukraine. She said this in an interview with the Center for Global Development after a phone conversation with President Volodymyr Zelenskyi.
“We discussed long-term cooperation with Ukraine and the path to a program that would benefit Ukraine more… We agreed that the mission The Fund will cooperate with the economic group of Ukraine in the coming weeks,” she said.
However, she did not name the parameters of the new IMF program, although she confirmed that while the program is being developed, the IMF is going to provide Ukraine with additional emergency financing. Its size will be the same as in March – about $1.4 billion.
“(Zelensky) said that he expects the Fund's continued cooperation with Ukraine in areas where we are the best – in macroeconomics, monetary policy. During these months, they turn to us with very specific questions dictated by reality,” said Georgiyeva.
Read also: The IMF will consider an emergency financing plan for Ukraine and other countries – mass media
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