June 19, 2015 / 2:40 PM / 4 years ago

IMF says can continue to support Ukraine even if debt deal not reached

WASHINGTON, June 19 (Reuters) - Ukraine’s efforts to strike a debt restructuring deal with its creditors will allow the International Monetary Fund to continue to support the country even if the talks are not successful, the head of the IMF said on Friday.

“I ... welcome the government’s continued efforts to reach a collaborative agreement with all creditors,” IMF Managing Director Christine Lagarde said in a statement. “This is important since this means that the Fund will be able to continue to support Ukraine through its Lending-into-Arrears Policy even in the event that a negotiated agreement with creditors in line with the program cannot be reached in a timely manner.” (Reporting by Timothy Ahmann; Editing by Chizu Nomiyama)

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