One of the key conditions for achieving financial stability and economic growth in Ukraine is the continuation of the reforms envisaged in the program of cooperation with the International Monetary Fund (IMF) and other international financial institutions, Prime Minister of Ukraine Arseniy Yatsenyuk has stated.
“One of the main conditions for achieving financial stability is the continuation of the steps envisaged by the program of cooperation with the IMF, the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank and, of course, the European Union. This is the only recipe that can be used to achieve economic growth in Ukraine,” he said at a meeting of the Financial Stability Council.
The premier noted that the main objectives for 2016 are price stability and low inflation, which will be achieved both through the actions of the government and the monetary policy of the National Bank of Ukraine.
In addition, Yatsenyuk added that lending development is important this year.
“Long and cheap loans are needed, which could be achieved via restraining inflation and reforming the banking and financial sectors,” the official said.
