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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. 

Pedestrians walk through Independence Square in Kiev. 

Photographer: Taylor Weidman/Bloomberg
Updated on

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.