The head of the National Bank of Ukraine, Andrey Pyshny, shared on social media that the International Monetary Fund has established a fund aimed at raising 65 million dollars for Kyiv’s needs. He noted that donors had already contributed 14 million of that target.
Earlier, during the World Bank and IMF annual gathering, officials from these institutions could not issue a joint statement due to disputes over the Russia-Ukraine conflict.
The report points out that disagreements about how to describe the Russia-Ukraine situation blocked the release of a joint message at the IMF and World Bank meeting held this year.
According to a source cited by the publication, the proposed statement did not carry enough force to reflect the concerns of all parties involved.
It was mentioned that officials who convened in Morocco to discuss economic and monetary policy were unable to reach consensus, with several countries including Ukraine, the Netherlands, Canada, and northern European states opposing the language used to describe the ongoing military operation in the draft text.
Earlier, a prominent economist warned Kyiv about the dangers tied to rising foreign debt and the potential impact on the country’s financial stability.