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Comments by the NBU on the Conclusion of the IMF Mission to Ukraine

The National Bank of Ukraine welcomes the conclusion of the IMF mission to Ukraine as part of the third review the country's cooperation program with the international institution. “The NBU remains committed to the program's policies.  During the visit to Kyiv, the IMF mission held constructive discussions with the NBU which focused on strengthening the central bank’s monetary policy framework under inflation targeting and specifying ways to  repair and rehabilitate the banking system,” said NBU Governor Ms Valeria Gontareva. During the visit to Kyiv, the IMF mission held meetings with the NBU Board and the newly appointed NBU Council to discuss these issues.

“We hope that timely adoption of the 2017 budget will accelerate the  completion of the third review  under the Extended Arrangement and bring Ukraine closer to the disbursement of the next tranche, which would contribute to rebuilding international reserves,  and thus  to enhance the country's financial stability. At the same time, we support the call of the IMF to advance structural reforms needed to ensure sustainable economic growth,” underlined Ms Gontareva.

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