Shmyhal discusses further aid to Ukraine with Georgieva

Prime Minister of Ukraine Denys Shmyhal discussed further aid to Ukraine with IMF director Kristalina Georgieva.

“The International Monetary Fund was one of the first to provide significant financial assistance to Ukraine amounting to $1.4 billion after the start of a large-scale Russian invasion. I personally thanked IMF Director Kristalina Georgieva at our meeting in Washington, Shmyhal posted to Telegram.

The parties discussed further IMF assistance to Ukraine in the short term and in the long-term process of rebuilding the country.

Shmyhal stressed that he greatly appreciated the decision to create a special account under the IMF administration to provide additional assistance to Ukraine from the Fund’s member countries on a bilateral basis.

“I would like to thank Ms. Georgieva for the IMF’s position that aid to Ukraine to finance the budget deficit should be mainly in the form of grants rather than loans,” the prime minister noted.

As reported, Shmyhal, who has been visiting Washington in recent days, said he had had extremely fruitful meetings with representatives from the IMF, the World Bank, other organizations and US government agencies.


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