Ukraine's president: IMF endorses key indicators of 2019 budget for further cooperation

03:57, 29 November 2018
Economy
784 0
REUTERS

"The Head of State informed Madame Lagarde about the adoption and the key parameters of the state budget of Ukraine for the year 2019. Madame Lagarde noted that, according to the IMF's preliminary estimates, the key indicators of the state budget of Ukraine are in line with the parameters agreed with the Fund," Poroshenko's press service said in a follow-up of a telephone conversation between the Ukrainian President and IMF Managing Director Christine Lagarde.

Read alsoIMF has no legal restrictions to cooperation with Ukraine amid martial law – statement

Madame Lagarde also confirmed the IMF's readiness to continue the good cooperation with Ukraine and to support the country in the implementation of its reforms.

It was noted that the IMF stands ready to provide Ukraine with appropriate technical assistance to help improve Ukraine's fiscal policies and tax administration.

During the conversation, it was particularly underlined that the introduction of the martial law does not influence the interaction with the IMF.

They also highlighted further steps to be taken in the context of a meeting of the IMF Executive Board in December to discuss the Stand-By Arrangement (SBA) for Ukraine.

If you see a spelling error on our site, select it and press Ctrl+Enter