IMF urges states to support Ukrainian economy with financing – Spokesperson

Sumaira FH

The International Monetary Fund (IMF) is calling on members of the international community to support Ukraine with financing so that the country can maintain its economy, IMF spokesman Gerry Rice said Thursday.

WASHINGTON (UrduPoint News/Sputnik – July 14, 2022) The International Monetary Fund (IMF) is calling on members of the international community to support Ukraine with funding so the country can maintain its economy, the spokesperson said Thursday. floor of the IMF, Gerry Rice. .

“What we see as the priority in terms of funding for Ukraine is short-term and short-term grant funding,” Rice said at a press briefing.

“It is the best form of assistance that can be provided by the international community in light of the war situation and the nature of the shock.”

The financial support would allow the Ukrainian government to remain operational without incurring new debt, Rice added.

In April, IMF Managing Director Kristalina Georgieva said the IMF and Ukraine had discussed a follow-up aid package to support the country’s economy after the current crisis subsides.

Christi C. Elwood