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Ukraine not to be in focus of G20 financial meeting in Washington

IMF loan to Ukraine would not be on the agenda as well

MOSCOW, March 19. /ITAR-TASS/. Ukraine will not be in the focus of the G20 financial meeting in Washington in April, Russian Deputy Finance Minister Sergei Storchak said on Wednesday, March 19.

“We believe that the G20 remains a club for discussing and preparing decisions on economic issues and financial markets. This is our position,” he said.

The Council of IMF and World Bank Governors and a meeting of the G20 financial ministers and central bank governors will be held in Washington on April 11-13.

Storchak cited the financial crisis in Greece, which was discussed within the G20 in terms of its influence on financial stability in general.

He also noted that an IMF loan to Ukraine would not be on the agenda of the Washington meeting. “The IMF has a delegation in Kiev, the delegation will return and propose a program,” Storchak said, adding that the decision to issue an IMF loan to Ukraine was in the jurisdiction of the IMF governors.