Gontareva, Dombrovskis discuss macroeconomic situation in Ukraine

Governor of the National Bank of Ukraine (NBU) Valeria Gontareva and European Commissioner for the Euro and Social Dialogue Valdis Dombrovskis have discussed macroeconomic situation in Ukraine following the approval of the second review of the Extended Fund Facility (EFF) program by the International Monetary Fund (IMF).

 NBU press service reports this on its Facebook page.

“The parties agreed that the IMF decision opens the way for the other related financial aid,” the report states.

They also discussed transparency and financial solvency of the Ukrainian banking sector, troubled loans and currency liberalization.

In addition, the NBU management and the European Commissioner agreed that Ukraine should implement the tax information automatic exchange project and the Base Erosion and Profit Shifting project of the Organisation for Economic Co-operation and Development (OECD), which allows for switching to a new and more liberal foreign exchange regulation model in Ukraine.

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