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Quote of the Day
Managing Director Kristalina Georgieva  participates in the Joint Climate Seminar during the 2023 Annual Meetings

We need to move from the culture of pointing fingers to the culture of holding hands. We are in this together.

IMF Managing Director Kristalina Georgieva, speaking at a climate-change seminar.

Continued support for Ukraine remains crucial, says IMF

President Volodymyr Zelensky thanked the international community for supporting Ukraine and emphasized the need for continued support at a ministerial roundtable, co-chaired by the Ukraine government, World Bank, and IMF. Priorities for the international partners include maintaining sanctions, supporting confiscation of aggressors’ assets, guaranteeing long term financial support, stimulating private investment, and boosting project financing. IMF Managing Director Kristalina Georgieva emphasized the IMF’s support for Ukraine—including through its Extended Fund Facility program—and applauded the authorities’ skillful economic management. She highlighted that while Ukraine’s economy is recovering faster than expected—with encouraging signs on growth and inflation—next year’s financing needs are higher than previously estimated. “Ukraine’s recovery can only be sustained with unwavering support.”

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