Managing Director of the International Monetary Fund Kristalina Georgieva, at a meeting with President Vladimir Zelensky in the United States, said she was proud of what Ukraine had achieved in difficult circumstances.
Source: Office of the President
Direct speech Georgieva: “Ukraine has excellent indicators. We forecast Ukraine’s GDP growth this year to 4.5%. In the third quarter of this year, GDP grew by 9.3% compared to the third quarter of 2022, which is simply incredible. Inflation in November sharply fell to 5.1%, which is a dream for many countries that are not at war.”
Details: According to the President, Ukraine’s unblocking of civil shipping in the Black Sea and the functioning of the “grain corridor” had an additional positive impact on the economy.
During the meeting, the Fund’s implementation of a long-term financing program for Ukraine in the amount of $15.6 billion was noted.
The President thanked for the decision of the IMF Board of Directors to allocate a tranche of $900 million to our state.
The parties discussed in detail possible ways of external financing for Ukraine in 2024 and further joint steps to mobilize financial support for our country from international partners.
The head of the Ukrainian state and the director of the IMF touched upon the issue of European integration of Ukraine. Vladimir Zelensky stated that our country has fulfilled all the necessary recommendations.
In addition, an exchange of views took place on the need to develop an effective mechanism for using frozen Russian assets in favor of Ukraine, in particular as a source of alternative budgetary support and investment in order to restore our country.
Background:
The Board of Directors of the International Monetary Fund on December 11 approved the second review of the extended lending program – now Ukraine will be able to receive the third tranche worth about $900 million.
2023-12-11 22:15:16
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