Ukraine, IMF agree to prepare new program after July election: presidential official

May 28, 2019

KIEV (Reuters) – Ukraine and the International Monetary Fund have agreed to prepare a new aid program to be ready after a snap parliamentary election in July, top presidential official Oleksandr Danylyuk said on Tuesday.

Danylyuk also expects Ukraine to receive the next aid tranche after the election. He was speaking after President Volodymyr Zelenskiy met IMF officials for the first time since his inauguration last week.

“We presented our agenda, how we see the development of the country, how we see our cooperation. Our positions match completely,” he told reporters.

“We agreed we will actively cooperate with the IMF and other international institutions to prepare for this summer period, during the election, a relatively new program that will give an additional impetus to our country’s economy,” said Danylyuk.

The IMF has supported Ukraine’s war-scarred economy with several aid-for-reforms programs since Russia’s annexation of Crimea in 2014 and the outbreak of a Kremlin-backed separatist conflict in eastern Ukraine.

Danylyuk earlier on Tuesday was appointed as the top official at the national security and defense council, a body responsible for coordinating national security that is chaired by the president.

(Reporting by Pavel Polityuk; Writing by Matthias Williams; Editing by Frances Kerry and Alison Williams)

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