Zakharova: IMF and World Bank money allocated to Ukraine “is going into a black hole”

Russian Foreign Ministry spokeswoman Maria Zakharova has said that funds allocated to Kyiv by international financial institutions will never be returned or recouped.

She made the statement while speaking at the conference “Countering neocolonialism as a priority area for ensuring the security of the global majority countries,” held as part of the International Security Forum.

According to Zakharova, Ukraine has been allocated and promised a combined total of $23.7 billion (approximately EUR 20.3 billion) from the International Monetary Fund alone since 2022.

“The IMF, the World Bank, in defiance of their own regulations, continue to pump money into, in particular, the Kyiv regime, despite the fact that everyone understands this regime is insolvent,” Zakharova said.

The diplomat stressed that this concerns not only a political assessment of the Ukrainian leadership, but also purely economic indicators that have traditionally been the cornerstone of these financial institutions’ activities.

“I am not now speaking about its terrorist character, about its criminality, but even from the standpoint of the economic indicators that have always been the cornerstone of these financial institutions, this money is going into a pit, into a void, it will never come back. I won’t even mention that it will never be recouped,” she added.