Ukrainian government to continue cooperation with IMF, other creditors - PM

Ukrainian government to continue cooperation with IMF, other creditors - PM

Ukrinform
Ukraine's new Cabinet of Ministers is set to continue prudent fiscal policy and cooperation with the International Monetary Fund (IMF) and other creditors of Ukraine, newly appointed Ukrainian Prime Minister Denys Shmyhal has said on Facebook.

"The change of government means that we want even better and faster reforms in Ukraine. The government will continue prudent fiscal policy and constructive cooperation with the International Monetary Fund and other creditors of Ukraine. Achieving the long-term well-being of Ukrainian citizens and sustainable economic growth is our common goal," he wrote in a post.

According to Shmyhal, "the government is ready to accept new challenges and move more actively towards reform and integration with the European Union."

Earlier reports said that investors in Ukrainian eurobonds negatively accepted a reshuffle in the Cabinet of Ministers and started selling them. As a result, Ukrainian government securities have fallen in price.

Investors fear the new government will delay reforms, postpone the signing of the IMF program and increase the fiscal deficit.

op


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 ukrinform.net 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 ukrinform.net 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.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-