President
Victor Yushchenko met Friday the IMF Mission officials to Ukraine, president's press office reported.
Speaking to
mission's representatives President Yushchenko said that "Ukraine highly appreciates
cooperation with the fund" and that "we have reached the agreements that give
Ukraine a chance to come to budgetary, fiscal and economic stabilization."
The President
informed that the National Bank applies measures to stabilize currencies market
by looking after liquidity of banking system, holding regular currency
auctions, etc. Beside that the Government contributed to the process by approving
the Procedure of state's participation in capitalization of banks.
"We put
much effort into implementation of the Memorandum designated projects aimed at
reaching macroeconomic and fiscal-budgetary policy goals," said Victor
Yushchenko speaking about the agreements between Ukraine and the IMF on
providing a loan to our country.
At the same
time Victor Yushchenko stressed that "there are complications in both
individual sectors of economy and budgetary process as a whole." According to him there are many problems in
current budget, many of them explained by political factors, but there is hope
that "within the framework of the mission we will be able to push forward ‘healthy'
decisions."
