A cooperation agreement between Ukraine and the International Monetary Fund will be signed in the nearest future, announced member of central banks council, Vasyl Horbal. According to him, the appointment of Mykola Udovychenko, who has large experience of cooperation with international currency institutions, as Deputy Governor of the National Bank, will speed up the negotiation process between Ukraine and the IMF, and adoption of the luxury law by the parliament, which will take place soon, will give the government additional bargaining chip in the negotiation process with the International Monetary Fund. In addition, current macroeconomic indexes and disciplined fulfillment of the IMF requirements should convince the Fund to form a new cooperation program with Ukraine, Horbal added. |
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The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more