Ukraine in ‘Very Active’ Talks With IMF Over Longer Aid Program
- Minister says new loan being discussed before snap election
- Government will defend stance on Privatbank, Markarova says
Pedestrians walk through Independence Square in Kiev.
Photographer: Taylor Weidman/BloombergThis article is for subscribers only.
Ukraine is “in very active discussions” with the International Monetary Fund over a new loan program as the country gears up for a snap general election, according to Finance Minister Oksana Markarova.
Voters picked TV comedian Volodymyr Zelenskiy as president in April and will choose a new parliament next month, part of a backlash against old-guard politicians who’ve failed to end a five-year conflict with Russian-backed forces or clamp down on corruption.