The IMF Representatives noted Ukraine's Progress on Reforms necessary to continue the Cooperation Program

During a working visit to the USA, the Minister of Finance of Ukraine Sergii Marchenko held several meetings with representatives of the IMF discussing further cooperation. The IMF representatives noted the progress in carrying out the reforms in Ukraine that are necessary for the continuation of the cooperation program.
 
The negotiations took place with the Director of the European Department Alfred Kammer, IMF Executive Director Paul Hilbers, the IMF Chief of Mission to Ukraine Ivanna Vladkova Hollar, the IMF Resident Representative in Ukraine Vahram Stepanyan, and other representatives of the IMF team.
 
The meetings allowed to reconcile the positions of both sides, in particular, anti-corruption reform, corporate governance reform, and independence of the National Anti-corruption Bureau of Ukraine.
 
The Minister of Finance of Ukraine Sergii Marchenko said that Ukraine has achieved significant results in the implementation of the IMF structural benchmarks. He noted that the Parliament of Ukraine quickly passed several laws necessary for continuation of the IMF Program.
 
"The IMF support is very important for Ukraine. And I am grateful for the support for reforms. The economic situation in the country is improving, but it is extremely crucial to be in the program of cooperation with the IMF to ensure the macroeconomic stability in Ukraine",- commented Sergii Marchenko.
 
However, the IMF experts pointed out that the decisions of the Constitutional Court of Ukraine had led to a setback in anti-corruption efforts. It requires an appropriate reaction from the Ukrainian authorities.
 
The parties agreed on close communication and joint work to reach the Staff level agreement in the nearest future.