Azarov suggests stepping up cooperation with IMF

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May 25, 2012, 7:21 p.m. | Ukraine | Politics — by Interfax-Ukraine

Mykola Azarov and the representative of the International Monetary Fund's Mission have discussed prospects of cooperation between Ukraine and the with IMF.


The Interfax-Ukraine News Agency – a company belonging to the Interfax Information Services international group – has been an information provider in the political and economic information market of Ukraine since 1992.

Ukrainian Prime Minister Mykola Azarov and the International Monetary Fund's Mission Head Christopher Jarvis have discussed prospects of cooperation between Ukraine and the with IMF. "This year marks the 20th anniversary of our cooperation with the International Monetary Fund. We need to celebrate this date somehow, through intensifying our cooperation for instance. I also would like to congratulate you on the appointment as head of the IMF mission in our country.

Over 20 years our cooperation I can only speak highly about those heads of the IMF missions with whom I worked. I hope we will have good relations with you too," the Ukrainian government's press service quoted Azarov as saying during the meeting with the IMF official on Friday.

During the meeting the officials noted constructive work between the IMF and Ukraine, as well as discussed the current issues of bilateral cooperation.
They also spoke about the instability on foreign markets and its possible effect on Ukraine's economy. They also discussed the ways to minimize the arising risks.

In turn, Jarvis said that Ukraine had managed to achieve significant progress in structural reforms, recovery of the financial sector and returning public confidence in the banking sector.

"I have an impression that the government has determination and a clear vision of the way to conduct the reforms. I believe you and your ministers, the National Bank governor are very serious about the implementation of the reforms," Jarvis told Azarov.
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