An International Monetary Fund fact-finding mission in Kiev is making progress in assessing Ukraine's economic situation, Christine Lagarde, the IMF's managing director, said on Thursday.
Lagarde made the statement on the political upheaval in Ukraine on Thursday following a visit by an IMF delegation to the capital of Kiev.
"The IMF fact-finding mission working in Kiev since March 4 has made good progress in assessing the situation," Lagarde said. "Following an informal briefing of the IMF's executive board, management has asked the team to stay in Kiev and begin a process of negotiation."
Lagarde said the team will work with local authorities while protecting vulnerable citizens.
"The team will work with the Ukrainian authorities to develop an economic reform program that will result in sound economic governance and sustainable growth, while protecting the vulnerable in society, and that can be supported by the IMF in accordance with its policies," Lagarde said.
The mission plans to conclude its work by Friday.
Organizations in this Story
Want to get notified whenever we write about International Monetary Fund ?
Next time we write about International Monetary Fund, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.Sign-up for Alerts
- NATIONAL BANK OF UKRAINE: Speech by NBU Governor Yakiv Smolii at a press briefing on monetary policy
- NATIONAL BANK OF TAJIKISTAN: National Bank of Tajikistan and International Monetary Fund have considered cooperation issues
- PROMSVYZABANK - RUSSIA: Promsvyazbank awarded the winners of the national prize "Business Success"
- RAIFFESISENBANK - RUSSIA: Amendment of the “General Terms and Conditions of Servicing Accounts, Deposits and Consumer Loans”
- NATIONAL BANK OF UKRAINE: NBU Launches Economic Express Regional Project in Zhytomyr
- EUROPEAN INVESTMENT BANK: EUR 1.9 billion EIB Group backing for private sector, energy and urban investment across Greece
- HSBC - GEORGIA: Technology targets financial crime
- EUROPEAN INVESTMENT BANK: More European funds available to support energy efficiency in residential buildings
- ASIAN DEVELOPMENT BANK: Green and Blue Finance Will Help Bridge Infrastructure Investment Gap in Southeast Asia
- INTERNATIONAL MONETARY FUND: World Bank and IMF Officials Visit Morocco to Prepare 2021 Annual Meetings in Marrakech