IMF updated requirements for lending to Ukraine

The International Monetary Fund expects amendments to the state budget of Ukraine for 2020. This is stated in a statement by IMF Resident Representative in Ukraine Yosta Lyungman.

IMF updated requirements for lending to Ukraine

“We welcome the support by the Parliament of Ukraine in the first reading of the law aimed at strengthening the fundamentals of bank restructuring, and look forward to its final adoption. We also look forward to the adoption of changes to the budget for 2020 that will help authorities respond to the extraordinary challenges posed by COVID-19,  ”he said.

At the same time, Lyungman called on the Ukrainian authorities to continue working with the World Bank.

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