• Fri. Feb 23rd, 2024

IMF’s Uma Ramakrishnan Leads Discussions with Ukrainian Authorities on Economy and Capacity Building

ByEditor

Feb 13, 2024
IMF Discusses Continued Support for Ukraine’s Economy in Kyiv Meetings

A team from the International Monetary Fund (IMF) has recently started meetings with representatives of the Ukrainian authorities and other partners in Kyiv to discuss ongoing support. The team is led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department. They will be focusing on the economic policy objectives of the Ukrainian authorities and the challenges facing the Ukrainian economy.

On Feb. 13, the IMF team will participate in the inaugural meeting of the Steering Committee of the Ukraine Capacity Building Fund. This gathering will include Ukrainian authorities, development partners, and IMF staff to discuss priorities for enhancing Ukraine’s capacity and the IMF’s support for this task.

After these discussions, an IMF mission led by Gavin Gray will start discussions with Ukrainian authorities in Warsaw as part of the third review of the IMF-supported Extended Fund Facility. Ukraine received the third tranche of funding worth about $900 million from the IMF under the Extended Fund Facility (EFF) program in December 2023.

As previously reported, the IMF disclosed that Ukraine requires funding in 2024 to continue its economic reform efforts and achieve its policy objectives.

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