{
  "title": "Statement by the IMF Managing Director on Ukraine",
  "publication": "IMF News, December 7, 2019",
  "sourceUrl": "https://www.imf.org/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine",
  "canonical": "https://www.imf.org/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine",
  "overlayPath": "/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/index.md",
  "summary": "Date: December 7, 2019",
  "publishDate": "2019-12-07",
  "sections": [
    {
      "heading": "Call and context",
      "content": "- Date: December 7, 2019\n- Press Release No. 19/446\n- Ms. Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), held a telephone conversation with Volodymyr Zelenskyi, President of Ukraine.\n- Ms. Georgieva described the call as \"very constructive.\""
    },
    {
      "heading": "Assessment and IMF support",
      "content": "- Commendation for \"impressive progress\" by the President and his government in advancing reforms and continuing with sound economic policies.\n- IMF readiness to support the authorities’ policy agenda to:\n  - maintain macro-economic stability\n  - lift the economy to a path of higher, sustainable, and inclusive growth\n  - include support with a new IMF-supported program"
    },
    {
      "heading": "Agreed program terms and conditions",
      "content": "- IMF staff reached agreement with the authorities on the policies to underpin a new 3-year, SDR 4 billion (about US$ 5.5 billion) arrangement under the Extended Fund Facility.\n- The agreement is subject to:\n  - IMF management approval\n  - approval by the Executive Board\n- Effectiveness of the arrangement will be conditional on the implementation of a set of prior actions."
    },
    {
      "heading": "Priority reforms and policy recommendations",
      "content": "- Strengthen the rule of law.\n- Enhance the integrity of the judiciary.\n- Reduce the role of vested interests in the economy.\n- Safeguard gains made in cleaning up the banking system.\n- Recover the large costs to the taxpayers from bank resolutions."
    },
    {
      "heading": "Media contact",
      "content": "- IMF Communications Department, MEDIA RELATIONS\n- PRESS OFFICER: Gediminas Vilkas\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- @IMFSpokesperson\n\nStatement by the IMF Managing Director on Ukraine, December 7, 2019\n\n---\n\n\n References\n\n- https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva\n- Ukraine and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine"
    }
  ],
  "bullets": [
    "[Markdown version](/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/index.md)",
    "[Structured JSON version](/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/index.json)",
    "[Bundle manifest](/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/bundle-manifest.json)",
    "Published: December 7, 2019",
    "Date: December 7, 2019",
    "Press Release No. 19/446",
    "Ms. Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), held a telephone conversation with Volodymyr Zelenskyi, President of Ukraine.",
    "Ms. Georgieva described the call as \"very constructive.\"",
    "Commendation for \"impressive progress\" by the President and his government in advancing reforms and continuing with sound economic policies.",
    "IMF readiness to support the authorities’ policy agenda to:",
    "IMF staff reached agreement with the authorities on the policies to underpin a new 3-year, SDR 4 billion (about US$ 5.5 billion) arrangement under the Extended Fund Facility.",
    "The agreement is subject to:",
    "Effectiveness of the arrangement will be conditional on the implementation of a set of prior actions.",
    "Strengthen the rule of law.",
    "Enhance the integrity of the judiciary.",
    "Reduce the role of vested interests in the economy.",
    "Safeguard gains made in cleaning up the banking system.",
    "Recover the large costs to the taxpayers from bank resolutions.",
    "IMF Communications Department, MEDIA RELATIONS",
    "PRESS OFFICER: Gediminas Vilkas",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "@IMFSpokesperson",
    "[https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva](https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva)",
    "[Ukraine and the IMF](http://www.imf.org/external/country/UKR/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
  "alternates": {
    "markdown": "/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/index.md",
    "json": "/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/index.json",
    "bundleManifest": "/en/news/articles/2019/12/07/pr19446-statement-by-the-imf-managing-director-on-ukraine/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-25T23:17:11.872Z"
}