Imposition of martial law will not affect Ukraine’s 14 month, $3.9 billion IMF standby program

Imposition of martial law will not affect Ukraine’s 14 month, $3.9 billion IMF standby program which is up for approval by the Fund’s Board in December, Gosta Ljungman, the Fund’s representative in Kyiv, said Monday. “The IMF has no legal constraints on continuing to cooperate with Ukraine in this situation,” he said after the Rada voted to approve 30 days of martial law for Ukraine’s coastal and Russia border regions.