IMF concerned about Ukraine's slow progress

IMF concerned about Ukraine's slow progress

On February 10, IMF Chief Christine Lagarde made a statement on Ukraine, in which she was concerned about successful implementation of the IMF-supported program in Ukraine.

“I am concerned about Ukraine’s slow progress in improving governance and fighting corruption, and reducing the influence of vested interests in policymaking. Without a substantial new effort to invigorate governance reforms and fight corruption, it is hard to see how the IMF-supported program can continue and be successful. Ukraine risks a return to the pattern of failed economic policies that has plagued its recent history,” she said in the statement.

Christine Lagarde stressed the importance of turning the country back to reforming.

“It is vital that Ukraine’s leadership acts now to put the country back on a promising path of reform,” she stated.

As a reminder, Ukraine’s Finance Minister Natalie Jaresko has stated before that the IMF will cut off funding in case of the government’s resignation.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: