12 Dec 2023 13:59

Zelensky, IMF, WB heads discuss Ukraine's external financing

MOSCOW. Dec 12 (Interfax) - Ukrainian President Vladimir Zelensky met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of a working visit to the United States, Ukrainian media said, citing Zelensky's office.

Zelensky expressed gratitude for the weighty IMF support for Ukraine.

"Ukraine is performing strongly, with GDP growth projected up to 4.5% this year. GDP grew 9.3% in the third quarter of this year, compared to the third quarter of 2022, which is just incredible. Inflation fell sharply to 5.1% in November," Georgieva said in turn.

The implementation of the IMF's Extended Fund Facility for Ukraine totaling $15.6 billion was noted at the meeting.

Zelensky thanked the IMF Executive Board for approving a $900-million tranche to Kiev.

The sides had a detailed discussion of Ukraine's external financing in 2024 and further joint steps to mobilize financial assistance to Ukraine by international partners.

According to Ukrainian media, Zelensky also met with World Bank President Ajay Banga while in the United States to discuss ways of strengthening Ukraine's financial system and a strategy for resumption of mortgage lending.