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Ukrainian Prime Minister meets with IMF and World Bank | War in Ukraine


Ukrainian Prime Minister Denys Shmygal, Finance Minister Serhiy Marchenko and Central Bank Governor Kyrylo Shevchenko are expected to meet with, among others, financial officials from the G7 countries, and attend a table on Thursday round on Ukraine organized by the World Bank, the sources added.

The event will be the first opportunity for Ukrainian officials to meet in person with a large number of finance officials from advanced economies since Russia invaded Ukraine on February 24.

Fallout from the conflict in Ukraine is expected to dominate meetings of senior officials from World Bank member countries and the International Monetary Fundas well as the G7 and the G20, next week, the International Monetary Fund about to revise down its global growth forecasts because of the war.

Thursday’s meeting will be more like a round table than a donors’ conference, although the International Monetary Fund and the World Bank have opened separate accounts to be able to process and relay donations, and that new pledges are due to be announced next week.

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It will also give officials the opportunity to discuss the devastation of Ukraine and the economic consequences of the war, as well as the continued functioning of the Ukrainian banking and financial sector.

Without support now, there will be no reconstruction in the futuresaid one of the sources.

The World Bank did not immediately comment on this event.

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