Question to the HM Treasury:

To ask Her Majesty’s Government, further to the Written Answer by Lord Deighton on 17 February (HL4697), whether United Kingdom government ministers have been involved in financial negotiations (1) between the government of Ukraine and the European Union, and (2) between the government of Ukraine and the International Monetary Fund; and, if so, what assessment they have made of the package of financial support offered to Ukraine to date.

The Ukrainian authorities have been in direct negotiations with the International Monetary Fund (IMF) to agree a new package for financial assistance. The IMF will present its proposals for financial assistance for Ukraine to its Executive Board in the coming weeks, which the Government will consider as part of the normal process of decision-making on IMF lending.

As I noted in my Written Answer to HL4697, the Government strongly supports providing financial assistance to Ukraine from the European Union and the International Monetary Fund, accompanied by appropriate policy conditionality.