Page 5 - Gavin Gray News Today

KYIV, Ukraine (AP) — Officials from the International Monetary Fund say they expect the United States will continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion. That’s despite Congress recently passing a short-term funding package that averted a U.S. government shutdown but dropped $6 billion […]

Officials from the International Monetary Fund say they expect the United States will continue playing its key role in amassing multinational support that has helped keep Ukraine's economy afloat during Russia's invasion.

KYIV, Ukraine—Officials from the International Monetary Fund say they expect the United States will continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion. That’s despite Congress recently passing a short-term funding package that averted a US government shutdown but dropped $6 billion in aid to

Ukraine will have to enact two essential laws to meet International Monetary Fund requirements for the second review of its Extended Fund Facility (EFF) program with Ukraine, the head of the IMF mission to Ukraine, Gavin Gray, said on Oct. 4.

The International Monetary Fund (IMF) has reopened its Resident Representative Office in Ukraine, located in Kyiv, Managing Director of the Fund Kristalina Georgieva has said.

The International Monetary Fund (IMF) continues to expect the restructuring of its external commercial debt, mainly represented by eurobond debt, and sees its role in developing the macro framework that such restructuring should comply with, said IMF Mission Chief for Ukraine Gavin Gray.

The International Monetary Fund (IMF) currently focuses on the second review of the Extended Fund Facility program with Ukraine, which requires the adoption of laws on financial monitoring of politically exposed persons (PEP) and the resumption of tax audits, said IMF Mission Chief for Ukraine Gavin Gray.

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The International Monetary Fund will continue to interact with the Ukrainian authorities in the coming weeks in preparation for the second review of the EFF program, generally assessing its implementation positively, and expects a positive decision on the review in the first half of December if the agreements are implemented.

Officials from the International Monetary Fund say they expect the United States will continue playing its key role in amassing multinational support that has helped keep Ukraines economy afloat during Russias invasion.