A deal with the IMF would help calm markets, Smoliy said.

Friday, March 13, 2020
A deal with the IMF would help calm markets, Smoliy said.

A deal with the IMF would help calm markets, Smoliy said. He said: “The conclusion of a new program with the IMF will reduce the vulnerability of the Ukrainian economy during turbulence in world markets at the time of peak payments on public debt.” Separately, Ihor Umansky, the new Finance Minister, said Thursday the government believes a deal with the IMF can be in place by May.

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Starting today, foreigners without residency permits are barred from entering Ukraine. Starting tonight, all international flights, trains, and buses to and from Ukraine are suspended for two weeks.

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