March 18, 2020 / 11:16 AM / 16 days ago

Ukraine PM positive on IMF support while warning of economic crisis

Denys Shmygal applauds during a parliamentary session in Kiev, Ukraine March 4, 2020. REUTERS/Valentyn Ogirenko/Files

KIEV (Reuters) - Ukraine is receiving “fairly positive” messages from the International Monetary Fund about securing further financial support, Prime Minister Denys Shmygal said on Wednesday.

Speaking at a televised government meeting, Shmygal warned that Ukraine could fall into economic crisis due to a global economic crisis caused by the coronavirus epidemic.

“We are moving forward regarding financial support from this international organisation (IMF). We hope for a positive result in the near future. The IMF messages are pretty positive today,” he said.

Reporting by Natalia Zinets; editing by Matthias Williams

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