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IMF visit is evidence of improvement of prospects of financial aid allocation, - NBU

Source : 112 Ukraine

The National Bank called this a step for the reduction of the ambiguity toward the further development of the situation in the economy
15:04, 14 August 2018

Yakiv Smoliy, Acting Head of National Bank of Ukraine
rian.com

The National Bank of Ukraine (NBU) commented the visit of the mission of the International Monetary Fund (IMF) to Kyiv in September and called this step an evidence of the improvement of prospects of the allocation of financial aid as the NBU press service reported

"The National Bank of Ukraine welcomes the visit of the International Monetary Fund mission to Kyiv planned for the beginning of September as the evidence of the unchangeable policy of Ukraine for the holding of the reforms and improving of the prospects of the financial aid allocation for the support of the macro-economy stability and opening of the access to the tied official funding from other international partners," the message said.

Related: Ukraine could keep injecting funds into state-owned banks without improving governance – EBRD

NBU Chairman Yakiv Smoly called the arrival of the IMF mission in Kyiv a step for the reduction of the ambiguity toward the further development of the situation in the economy.

As we reported the mission of the IMF will visit Kyiv on September 6-19.

Related: Government may inject more funds into Oschadbank’s capitalization

Earlier Fitch Rating reported that the program of the IMF on the support of Ukraine is a key factor of the creditworthiness as it mitigates law outside liquidity and reduces the risks of the refinancing.

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