Ukraine Calls for Emergency Donor Meeting

Ukrainian Prime Minister Denis Shmygal, according to Bloomberg, has sent a letter to the Multi-agency Donor Coordination Platform for Ukraine, requesting an emergency meeting with donors to deal with “exceptionally high uncertainty” over its budget. Evidently Ukraine can not wait for the scheduled February gathering. Shmygal stated: “To uphold macroeconomic stability, it is imperative that we receive sufficient, prompt, and predictable external financing, beginning January 2024…. It is hardly possible to hold any discussion about recovery and rebuilding projects, when we are struggling to fulfill the 2024 survival priorities.”