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Ukraine urges IMF to deepen Russia's isolation instead of restoring cooperation

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Ukraine urges IMF to deepen Russia's isolation instead of restoring cooperation

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The Ukrainian side, during the visit of the International Monetary Fund (IMF) mission to Kyiv, urged not to resume cooperation with Russia. Instead, the isolation of Moscow should be deepened.

This was reported by the press service of the National Bank of Ukraine.

According to the statement, Kyiv expressed concerns about the IMF's plans to send a mission to Russia for consultations under Article IV of the IMF agreement.

Ukrainian officials emphasized that Russia is waging an aggressive war against Ukraine, undermining international principles and rules while exacerbating geopolitical fragmentation, the NBU noted.

"Instead of resuming cooperation with the aggressor country, it is necessary to further deepen its isolation. This is an important prerequisite for Ukraine's victory, which, in turn, is necessary to ensure global macrofinancial stability, as the IMF has repeatedly emphasized," the National Bank of Ukraine statement reads.

In early September, it became known that the International Monetary Fund was preparing a mission to Russia for the first time since the full-scale invasion of Ukraine began.

The Odessa Journal
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