DISINFO: The IMF has completely killed Ukrainian economy
DISINFORMATION CASE DETAILS
  • Outlet: ren.tv (archived)*
  • Date of publication: May 29, 2019
  • Outlet language(s): Russian
  • Reported in: Issue 153
  • Countries / regions discussed: Ukraine
Tags:
Ukraine economy IMF

DISINFO: The IMF has completely killed Ukrainian economy

SUMMARY

The IMF cannot be a partner of Ukraine and it is killing the Ukrainian economy.

RESPONSE

The main goal of the International Monetary Fund is to prevent the expansion of the economic crisis. The comprehensive reform program in Ukraine, supported by IMF loans, is aimed at restoring macroeconomic stability, promoting sustainable growth and strengthening economic governance and transparency. Vox Ukraine notes that if Ukraine had not cooperated with the Fund at all, most likely the level of its economic development would now be lower, since the IMF provides not only loans, but also technical assistance, particularly, in the development of regulatory acts. The last two cooperation program with the IMF were signed to overcome the effects of a large-scale economic crisis that unfolded in 2014–15 due to a significant decline in production, a reduction in trade volumes and the loss of part of the territory as a result of Russian aggression. See here for a similar disinformation case.

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Disclaimer

Cases in the EUvsDisinfo database focus on messages in the international information space that are identified as providing a partial, distorted, or false depiction of reality and spread key pro-Kremlin messages. This does not necessarily imply, however, that a given outlet is linked to the Kremlin or editorially pro-Kremlin, or that it has intentionally sought to disinform. EUvsDisinfo publications do not represent an official EU position, as the information and opinions expressed are based on media reporting and analysis of the East Stratcom Task Force.

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