Government and the National bank of Ukraine reached agreement, subject to approval by International Monetary Fund (IMF) Management and the Executive Board, on an economic program which will allow Ukraine to obtain a loan of IMF to support economic stability of the country against the backdrop of world financial crisis.

Granting of financial support of IMF depends on carrying out of some of the measures of economic policy directed on alignment of the balance of payments in connection with change of a conjuncture in the world markets as well as balancing of the budget and introduction of comprehensive measures to support banking sector of Ukraine, including legislative changes necessary to be approved by Ukrainian parliament over the nearest future.

The support by the Fund will promote an accelerated cooperation between Ukraine and other International financial organizations and bilaterals, strengthen the confidence of private investors and ensure stable operations of the banking system of Ukraine.