World

IMF urges countries to support Ukraine, but says “no” to new package amid hostilities

by

Its general manager International Monetary Fund He called on the countries today to offer their financial support to Ukraine so that the government can continue to function.

Ukrainian officials have told the IMF that they need $ 5 billion a month to keep their economy afloat, Georgieva told a news conference.

he “number seems to meet the (immediate) needs” and this is independent of the future needs for the reconstruction of the country which will be “huge”Georgieva underlined.

She reiterated that the IMF is ready to negotiate a new aid program for Ukraine. However, “It does not make sense for a plan to be submitted to the board while hostilities continue”he stated.

It would not be “fair” to immediately ask for reforms in exchange for help from the Washington Foundation, he said.

Currently, the Ukrainian authorities are devoting their energy to keeping their economy afloat. “And they are doing very well,” the IMF chief also commented.

Follow Skai.gr on Google News
and be the first to know all the news

IMFnewsSkai.grUkraineWorld

You May Also Like

Recommended for you