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Unique country surprised the world: IMF delighted with the speed of reforms in Ukraine

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Unique country surprised the world: IMF delighted with the speed of reforms in Ukraine

Post by Admin on Mon Sep 07, 2015 12:25 am

The Ukrainian economy is getting stronger and more stable, and Ukraine itself surprised the world of the speed of the reforms which it has demonstrated in recent months.

This was during a press conference with President of Ukraine Petro Poroshenko said the director of the International Monetary Fund Christine Lagarde, the press service of the head of state.

"I am very pleased to meet you. I've got to tell you, Mr President, I strongly support the progress made in the last few months. Ukraine has surprised the world! Surprised by what she managed to achieve in such a short period of time: This is not just some What is amazing! " - Said Lagarde.


She said that giving such an assessment as the Managing Director of the IMF, because previous experience in supporting countries do not always give grounds for satisfaction with the results.

"In a difficult period, in difficult circumstances, you have achieved macroeconomic stability, which is maintained and your economy is showing signs of recovery, which largely took place thanks to your leadership and talents of your team," - said Lagarde.

The head of the IMF noted the considerable success of financial stabilization, in particular exchange rate, recovery of the banking sector. "This means that the economy is getting stronger. The signals that it sends to investors - Be sure there is a team that carries out reforms, which holds the course, which is going to continue the process of transformation of the economy - an economy that is open and favorable to foreign investors, and is in anticipation of growth, and this team is aimed at a better life and prosperity to its people - that's what it means, "- said Lagarde.

Among the successes of reform IMF Managing Director noted bringing energy prices to cost recovery levels with both reliable protection of the population.

However, she expressed satisfaction at the restoration of the social contract between the people and the government in Ukraine, which is critical. "It is - not an end. It is the beginning of travel, when there is no end of the road, because the reforms - a process, and the President assured that the reforms will be continued", - said Lagarde.

Christine Lagarde also welcomed the establishment of an independent anti-corruption body - the National Anti-Corruption Bureau of Ukraine. She noted that the fight against corruption should continue reform of the judicial system - activated. "As a former lawyer, I know how difficult it is to change the rules," - she said.

"IMF - on the side of Ukraine", - said the Managing Director of the IMF.

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