Press Release No. 14/586

Press Release: Statement by an IMF mission to Ukraine

December 19, 2014

An International Monetary Fund (IMF) mission led by Mr. Nikolay Gueorguiev visited Kyiv during December 9-18. At the conclusion of the mission, Mr. Gueorguiev made the following statement today in Kyiv:

“The mission held productive technical discussions with the new economic team of the Ukrainian government and with the National Bank of Ukraine in the context of the Fund-supported program, covering key issues facing the economy. We found that the Ukrainian authorities are preparing to move decisively on a broad and comprehensive agenda to stabilize and reform the economy, while coping with the difficult challenges that emerged in the last year. In this context, we advanced substantially our mutual understandings of policy priorities going forward.

“Discussions will continue over the coming weeks, following the mission's departure. The mission is expected to return to Kyiv for policy discussions with the Ukrainian authorities in January 2015.”