President optimistic about restoring talks with the IMF

He said that for now the IMF allows “enough flexibility”, including in budgetary deficit for Ukraine in 2009. “This gives us a chance to complete the talks successfully,” said President Yushchenko, emphasizing however that introduction of alterations to 2009 State Budget and approving of the remaining part of anti-crisis package is still on the agenda.

The President noted that overcoming crisis in Ukraine depends on whether Ukraine would be able to resume cooperating with the IMF. According to him implementation of the program, prepared for Ukraine by the IMF would also benefit cooperation between Ukraine and other financial institutions, such as the World Bank, as well as with countries of the EU and the US.