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Final Statement Blocked by Ukraine, International Monetary Fund and World Bank

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The head of the International Monetary and Financial Committee, Nadia Calvino, confirmed the refusal to accept a statement on the results of the spring session of the International Monetary Fund and the World Bank due to disagreements over the situation around Ukraine.

Calvino said on Friday: “We have done everything we could to reach an agreement or a statement. Unfortunately, we have not reached the appropriate wording regarding the war with her in Bali.”

According to a joint statement issued following the November G20 summit in the Indonesian island of Bali, most of the G20 countries “strongly condemn the war in Ukraine, but there are other opinions among the group members. “

Calvino noted that despite the absence of an outcome document, she is encouraged that there is consensus on the key issues facing IFC, especially the need to strengthen global financial security to reach the most vulnerable countries.

Source: TASS

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