(Washington) Ukraine has requested emergency financial assistance from the International Monetary Fund, the institution’s managing director, Kristalina Georgieva, said in a statement on Friday after a meeting with the board of directors. .
Posted at 5:06 p.m.
“We are exploring all options for additional financial support,” including through the $2.2 billion aid package that was due to roll out by June, and “the authorities have also requested a IMF emergency financing,” said Mr.me Georgiava.
She underlined that “the Fund has a number of instruments in its toolbox and, as the situation in Ukraine evolves, we will continue to discuss with the authorities how best to help them”, also referring to “ongoing policy advice”.
The director of the institution said that she met with the Board of Directors on Friday, “to inform the directors of our initial assessment of the current situation”, and to have “assured them that our staff will continue to work closely with the authorities to support Ukraine in every possible way”.
“We will also continue to work hand in hand with the World Bank Group and other partners to coordinate our support and best help Ukraine,” she added.
Mme Georgieva had already, earlier in the week, expressed great concern about Russia’s invasion of Ukraine.
Russia’s invasion of Ukraine is “a matter of grave concern”, she stressed again, again alerting to the economic consequences, even as the world is still recovering from the COVID-19 crisis. 19.