A broad coalition of countries guarantees Ukraine’s financial support
A broad coalition of partners, not just individual countries, is ready to guarantee financial support to Ukraine during the war to meet the current needs of the Ukrainian economy.
Ukrainian Prime Minister Denys Shmyhal made a corresponding statement during his visit to Washington, reports an Ukrinform correspondent.
“The United States, Canada, the European Union and many other countries, I will not list them all. There are preliminary agreements on participation in this process with them, ”the prime minister said, answering Ukrinform’s question about partners ready to act as donors to replenish the administrative account of the IMF and other platforms funds for Ukraine.
Shmyhal pointed out that many countries have already contributed and continue to fund at different scales, “from 22 million euros to billions of dollars”. Thus, according to him, international aid is real and already amounts to about 4.8 billion dollars.
The head of government explained that two important instruments are currently in place for this purpose: the special administrative account of the IMF and the trust fund of the World Bank. In addition, they will be merged – in agreement with international partners – into a fund managed by Ukraine and verified by international financial institutions.
“It’s a complex structure and a lot of money. These countries support us, I can assure you, and will continue to support us. We have already agreed on this,” the prime minister said.
As reported, the Ukrainian government delegation headed by Prime Minister Shmyhal is visiting Washington and holding meetings with representatives of the IMF, World Bank, other organizations and US government agencies.