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Ukraine not going to announce default, give up IMF cooperation, - Zelensky's advisor

Refusing further cooperation with the Fund would be an ineffective step to take, Dmytro Razumkov said
15:02, 27 May 2019

Dmytro Razumkov, Volodymyr Zelensky's speaker
Dmytro Razumkov/Facebook

Ukraine has no intentions to announce the default or stop cooperation with the International Monetary Fund. Dmytro Razumkov, the advisor to Ukrainian President Volodymyr Zelensky said this at the briefing, broadcasted by Interfax news agency

He said there's no necessity in taking such measures, because giving up the coopperation with the IMF would be ineffective.

Related: Ukraine's PM: Any financial default will hurt common citizens first

'There are doubts whether Ukraine could walk this path,' the official claimed. 

He also added that Ukraine would not refuse to pay off its external debts. 

May 21, the IMF Mission started working in Ukraine. The team planned to stay for two weeks, assessing the degree of living up to the cooperation program. Later, the Fund stated it would continue cooperation in terms of reconsidering the stand-by program after the parliamentary election in Ukraine and the apointment of the new Cabinet.

Related: IMF to revise stand-by program for Ukraine, - Fund's press office director

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