Press Release No. 14/116

Press Release: Statement by IMF Mission to Ukraine

March 20, 2014

At the request of the Ukrainian authorities, an International Monetary Fund (IMF) mission led by Mr. Nikolay Gueorguiev has been working in Kyiv since March 4. The fact-finding phase of its work has been completed by March 14, and at the request of IMF management the team started negotiations with the Ukrainian authorities on a program of economic reforms that can be supported by the IMF. 

Mr. Gueorguiev made the following statement today in Kyiv:

“The mission has made significant progress in discussing with the Ukrainian authorities the policies to put the country on the path of economic reform, sound governance, and sustainable growth while protecting the poor and vulnerable. Our cooperation with the Ukrainian authorities has been excellent. The authorities' comprehensive reform program covers a wide range of issues and additional work needs to be completed to advance program discussions. The mission plans to conclude its work on March 25.”