Advertisement
Singapore markets open in 58 minutes

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    64,275.99
    -2,144.41 (-3.23%)
     

  • CMC Crypto 200

    1,388.03
    -36.07 (-2.53%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,328.20
    -10.20 (-0.44%)
     

  • Crude Oil

    82.81
    0.00 (0.00%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

In 14-hour press conference, Zelenskiy says Ukraine needs relations with IMF

Reuters
FILE PHOTO: Ukrainian President Zelenskiy speaks with journalists during a joint drill of departments of Interior Ministry at the International training Centre near the village of Stare

KIEV (Reuters) - President Volodymyr Zelenskiy said on Thursday that Ukraine wanted to maintain its relations with the International Monetary Fund but wanted the IMF only to set economic conditions for disbursing loans.

Zelenskiy's administration is in talks for a new IMF loan programme that could be worth around $5-6 billion (4-4.8 billion pounds).

Previous IMF deals have set benchmarks on issues such as fighting corruption as well as economic issues like budget discipline.

Zelenskiy was speaking to reporters towards the end of a 14-hour-long news conference at a food court in Kiev.

"I don't think that the IMF should have to set us any conditions besides economic ones," he said. "We need to convince them."

(Reporting by Natalia Zinets; writing by Maria Tsvetkova; editing by Matthias Williams and Sandra Maler)