HomeWorldIMF delegation to Ukraine...

IMF delegation to Ukraine – Bloomberg

Image: Screenshot

The main issue that worries Ukraine on the eve of the IMF visit is that the G7 countries unblocked aid in the amount of $50 billion by using the income from Russia’s fixed assets.

A delegation from the International Monetary Fund will visit Ukraine in early September to assess the country’s financial prospects and decide whether to allocate another $1.1 billion to Kyiv under the Support and Recovery Program. Bloomberg reported this on Wednesday, August 28.

According to the publication, the IMF team will be in Ukraine for about a week, starting on September 4.

Bloomberg points out that the main issue that worries Ukraine on the eve of the IMF visit is the G7 countries unblocking aid in the amount of $50 billion by using proceeds from Russian fixed assets.

“Ukraine needs clarity on these funds to demonstrate that budget requirements are being met, as this is an important component for continued IMF support,” the report said.

Bloomberg recalled that according to the G7 agreement, Ukraine should receive these funds by the end of the year. At the same time, it was noted that the implementation of the plan is complicated due to the demands of the US and the risk of Hungary slowing down any EU decisions in support of Ukraine or sanctions against the Russian Federation.

The head of the IMF mission in Ukraine, Gavin Gray, believes that the war in Ukraine will continue next year. In this regard, Ukraine needs more money to finance the budget than previously thought.

Earlier, the IMF published an updated memorandum on Ukraine, the fulfillment of the conditions of which will determine additional support for Ukraine.

The IMF has also reportedly worsened its forecast for Ukraine’s GDP.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

GBI was struck by anger, the requirement of short -term reconciliations of SOC without Boytsov’s order

Employees of the State Bureau of Investigations exposed military personnel in the Nikolaev area, who demanded that the military left some of the military in exchange for returning to the service. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...