KyivPost

Azarov suggests stepping up cooperation with IMF

Print version
May 25, 2012, 7:21 p.m. | 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.
© www.themoscowtimes.com

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.
The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
Ivan Ivanov May 28, 2012, 2:46 p.m.    

As for Azarov's words ... they make me feel everything but not happiness. Such a statement to develop the cooperatin with IMF may show us is the real financial situation in this country...we really need money and there are two ways where the government could get it:

1. the IMF's money as aforesaid

2. to issue unsecured money (what is more real).

{# <-- parent id goes here

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.