Press Release No. 14/74

Press Release: Statement by IMF Managing Director Christine Lagarde on Ukraine

February 27, 2014

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today in Washington, DC: 

“The Ukrainian authorities informed me today of their request for support from the IMF. We are ready to respond and, in the coming days, will send an IMF fact-finding team to Kiev to undertake a preliminary dialogue with the authorities. This will enable the IMF to make its usual technical, independent assessment of the economic situation in Ukraine and, at the same time, begin to discuss with the authorities the policy reforms that could form the basis of a Fund-supported program. We are also discussing with all our international partners--bilateral and multilateral--how best to help Ukraine at this critical moment in its history. In that regard, we are encouraged by the many statements of support that have been expressed."