NBU commented on the visit of the IMF mission

The national Bank welcomes the visit of the IMF mission in Kiev.

National Bank called the arrival of the IMF mission in Ukraine “step to reduce uncertainty and improve the expectations.”

This is stated in the official press release of the regulator.

“The national Bank welcomes the visit of the IMF mission to Kiev, planned for early September, as evidence of the immutability of Ukraine’s course for carrying out reforms and improving the prospects for providing the financial support Fund to support macroeconomic stability and open access to the associated official financing from other international partners” , – stated in the message.

“The arrival of the IMF mission in Kyiv – a step to reduce uncertainty concerning the further development of the situation in the Ukrainian economy and improvements in expectations of market participants”, – said the head of the National Bank Yakov Smoliy.

The NBU noted that the approach of the prospects of obtaining funding from the IMF will have a positive impact on the currency market of Ukraine, as well as improve the ability of the government to draw on international capital markets debt resources necessary for the implementation of peak payments on public debt in 2018-2020, “on reasonable terms, despite the weakening of investors ‘appetite for assets in emerging markets”.

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