IMF mission to Ukraine starts its work in Vienna

18 October 2022, 01:36 PM
IMF (Photo:REUTERS / Yuri Gripas)

IMF (Photo:REUTERS / Yuri Gripas)

The International Monetary Fund’s mission to Ukraine started its work in Vienna on Oct. 17, the press service of the National Bank of Ukraine reported on Telegram.

Meetings between the IMF and Ukraine will also focus on the country’s macroeconomic forecast, the 2023 state budget, and Ukraine’s current capability of covering its budgetary deficit.

"We are ready to actively work with the experts of the Fund,” Pyshnyy stated.

“We hope for the fruitful outcome of the mission and the definition of parameters for the start of work on a new monitoring programme with the involvement of the IMF Board, which will become the basis for a full-fledged programme with the Fund.”

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The central bank governor believes that the allocation of a new IMF programme will be an important step in furthering relations with the Fund, and signal to other partners to expand their own aid to Ukraine.

Earlier, it was reported that Ukraine received $1.3 billion in additional emergency funding from the IMF.

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