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G7 ambassadors, PM Shmyhal discuss reforms and conditions under IMF program.
At a meeting with Prime Minister Denys Shmyhal, the ambassadors of the G7 countries stressed the importance of Kyiv's fulfillment of the conditions under the IMF Stand-By Arrangement and EU macro-financial assistance.
This was said in a statement posted on the Twitter account of the UK Presidency of the G7 Ambassadors' Support Group in Kyiv on April 10.
"G7 Ambassadors met PM Denys Shmyhal yesterday for a wide-ranging discussion. They reaffirmed support for Ukraine's reform efforts and the importance of meeting the agreed conditions for the IMF stand-by arrangement and EU Macro-Financial Assistance," the statement reads.
In addition, the G7 ambassadors acknowledged the ongoing challenges of COVID-19. "They discussed the reform of Ukraine's military industrial complex; the importance of good governance across the full range of economic activity; and encouraged Ukraine's further contribution to global action on climate change," the report says.
As Ukrinform reported, on February 12, the IMF mission completed its work in Ukraine, but the decision to review the Stand-By Arrangement was not made.
On June 9, 2020, the IMF Executive Board approved a new 18-month Stand-By Arrangement for Ukraine with total funding of USD 5 billion. Ukraine received the first tranche of USD 2.1 billion on June 12.
Deputy Head of the President’s Office of Ukraine Ihor Zhovkva has started the first round of consultations with Charles Fries, the Deputy Secretary General for Peace, Security and Defence of the European External Action Service, regarding the EU's...
In the past three weeks, about 80 Russian soldiers have surrendered in the operational zone of the Tavria operational and strategic grouping of troops. Active infantry-led attacks continue in the Avdiivka and Maryinka sectors.
The Department for Strategic Communications of the Armed Forces of Ukraine (StratCom) confirmed the strike on oil depots in the temporarily occupied city of Luhansk on December 3.
The Russian army attacked Nikopol district of Dnipropetrovsk region with heavy artillery and kamikaze drones on Monday, causing destruction.
On Monday evening, Russian forces hit Kryvyi Rih district in Dnipropetrovsk region with a missile.
Ukraine’s Minister of Defense Rustem Umerov and Belgium’s Minister of Defense Ludivine Dedonder have discussed plans to develop bilateral partnership, including strengthening Ukrainian-Belgian defense industry cooperation.
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