IMF announces start of new policy discussions with Ukraine According to Reuters


© Reuters. FILE PHOTO: The logo of the International Monetary Fund is seen inside the headquarters at the end of the IMF/World Bank annual meeting in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo


KYIV (Reuters) – The International Monetary Fund said it was starting “policy discussions” with Ukraine on Friday, building on meetings held in Vienna last month as Kyiv grapples with an economic downturn economy of the war with Russia.

Ukraine’s central bank chief Andriy Pyshny said the mission would last until November 17. The IMF team is led by the head of Ukraine’s mission, Gavin Gray.

An IMF delegation, led by Gavin Gray, commenced policy discussions today with the Ukrainian authorities to follow up on their request for Program Oversight with the Council’s participation, the IMF said. governance, based on the results of meetings last month in Vienna, Austria” the written statement.

“The representative body will conduct meetings virtually,” it said.

Gray said last month that an IMF team had held fruitful discussions with the Ukrainian authorities in Vienna and would work in the coming weeks at their request on enhanced monitoring of the program after the war. Russian invasion.

Ukrainian authorities are seeking a new IMF loan of about $20 billion as part of a larger program.

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