Thursday, November 24, 2011

The IMF put Ukraine, the first positive assessment

Canada has succeeded in fulfilling most of the indicators of the program "Stand-By" Such estimates gave Thanos Arvanitis, head of the IMF mission, which as of today on a visit to Ukraine. International Monetary Fund mission will assess the implementation by Ukraine of parameters of the joint program and to discuss issues and challenges for the financial systems of IMF member countries. As the press service of National Bank, the IMF estimated that the first time in many years, Ukraine has managed to keep inflation below 10%. In addition, the IMF agreed with the assessment of the Ukrainian side to restore economic stability. Stability manifests itself, inter alia, in the growth of household deposits in banks, as well as the gradual resumption of lending. Special attention was paid to the bills to be taken by Ukraine. This bill seeks to increase transparency of the banking system, its strengthening and improving the investment climate. Recall, December 22, 2010 Board of Directors of the IMF decided to provide Ukraine the second tranche in the amount of 1,5 billion dollars.

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