The top manager of the IMF, Julie Kozack, said: “We will discuss during the spring meetings on April 15 (between the IMF and the World Bank) the situation in Ukraine and the critical importance of the timely provision of budget support for the country“.
She specified that the meetings’ program provides for participation by relevant ministers from various countries and representatives of international financial institutions. In addition, she emphasized the importance of restructuring Ukraine’s bilateral debt and external commercial debt.
Kozack emphasized that the Ukrainian economy demonstrates extraordinary resilience, although its prospects remain extremely uncertain due to the war. In this context, she expressed her expectations for further cooperation with Ukraine to preserve macroeconomic and financial stability and implement reforms.
Regarding confiscating frozen Russian assets, the IMF believes that such a decision must have a solid legal basis and not affect the stability of the international monetary system.