IMF sees encouraging signs in the economy of Ukraine
Dmitry Zlatarev. International monetary Fund sees "encouraging signs" in the economy of Ukraine, said on the last working day of the week 1st Deputy managing Director of the Fund, David Lipton.
"The Ukrainian economy remains fragile, but there are encouraging signs of recovery," He said at the meeting of the Board of Directors of the Fund, which completed the first evaluation of the programme of assistance to Kiev. According to the IMF, " it gives the opportunity to provide Ukraine with 1, 7 billion dollars."
Lipton emphasized the fact that " in recent months, the exchange rate was stable, and the rate of decline of the economy have become more moderate." The measures and further reforms are required to allow the economy to cross barriers, " He said, expressing confidence that growth will resume in the future."
He also said that the greatest importance for Kiev is the Restoration of the banking system.
"The recovery of the solid banking system is key to economic recovery", He said.
in this regard, Lipton called for " vigorous implementation of strategy for strengthening of credit institutions through recapitalization, reduction of lending to affiliates and solve the issue of distressed assets.
Zakhar Vinogradov:.
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