The International Monetary Fund (IMF) EFF program for Ukraine has risks because of the uncertain situation in the country but the fund had to support the government and the people of Ukraine in their quest to implement reforms and restore economic growth, IMF First Deputy Managing Director David Lipton has said.
“Now, Ukraine has the political will, but it has to contend with a full-blown economic and financial crisis. And for the first time in a long time a political window of opportunity has opened. The country has elected leaders who are approaching economic policy making with purpose and commitment,” Lipton said while speaking at the Peterson Institute for International Economics in Washington.
“President [Petro] Poroshenko and Prime Minister [Arseniy] Yatseniuk are in sync on the main economic issues. And they can call on a more united political class and general public [who are] now more ready to accept changes they had resisted before,” Lipton added.
