May 20, 2020 / 11:04 AM / a month ago

Ukraine president hopes to get new IMF loan deal in May

KIEV, May 20 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday he hoped to sign a new deal with the International Monetary Fund in May, which was needed to maintain financial stability.

“We will sign this memorandum, I am sure, in May ... and the door will be open for the International Monetary Fund assistance,” Zelenskiy told a press conference to mark the first year of his presidency.

He also said he needed to have direct talks with Russian President Vladimir Putin about Ukraine’s war-torn eastern Donbass region, and he hoped for talks between Ukraine, Russia, Germany and France after the coronavirus pandemic subsided.

Reporting by Pavel Polityuk and Natalia Zinets; editing by Matthias Williams

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