15 Apr 2024 15:43

IMF, World Bank spring meeting participants to discuss support for Ukraine again

MOSCOW. April 15 (Interfax) - The fifth session of the ministerial roundtable on support for Ukraine will be held as part of the spring meetings of the International Monetary Fund (IMF) and the World Bank (WB) in Washington.

The event is scheduled for April 17, Ukrainian media reported, citing the meeting's program.

The full program of the roundtable is not yet available, but WB CEO Ajay Banga, IMF Managing Director Kristalina Georgieva, as well as Ukrainian Prime Minister Denis Shmygal and Finance Minister Sergei Marchenko are expected to attend.

On the same day, the U.S. Chamber of Commerce will host the U.S.-Ukraine Partnership Forum in Washington, where U.S. Secretary of Commerce Gina Raimondo, U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker, Prime Minister Shmygal and Ukrainian Deputy Prime Minister and Minister of Restoration Alexander Kubrakov are expected to participate.

Ukraine's 2024 state budget envisions external deficit funding at around $37.3 billion, or slightly more than $3 billion a month, as compared to $42.5 billion next year. At the same time, experts noted that supplementary foreign financing could be required as early as this year, while its deficit for next year is still estimated at $10 billion to $15 billion.