You're reading: World Bank leadership notes record level of cooperation with Ukraine

The World Bank supports the reform program in Ukraine, World Bank Vice President for the Europe and Central Asia Region Philippe Le Houérou has said.

"We recently adopted a new country partnership strategy for Ukraine, which, in fact, supports your reform plan," he said at a meeting with Ukrainian President Viktor Yanukovych in Kyiv on Monday, while introducing new World Bank Director for Ukraine, Belarus and Moldova Qimiao Fan.

He said that the strategy was presented at the Board of Executive Directors in mid-February this year and was regarded "very well."

Le Houérou also noted there was a record level of cooperation between Ukraine and the World Bank.

President Yanukovych, in turn, said that Ukraine attached great deal of importance to the reforms launched in the country, and that as a result of this there has been stable economic growth over the last two years.

He said that Ukraine had initiated reforms not only in the economic sphere, but also in the most sensitive spheres – the sphere of human rights and freedoms, as well as judicial and legal spheres.