The National Bank of Ukraine, the Ministry of Finance, and representatives of the International Monetary Fund held discussions on the next steps in their cooperation, focusing on the development of a potential new extended financing program for Ukraine.
This is reported by Finway
Discussion of Key Reforms and Macroeconomic Stability
During the meeting, which included the participation of NBU Chairman Andriy Pyshny and the IMF mission led by Gavin Gray, the parties outlined the main areas for future expert discussions. Among the key topics were support for the country’s macroeconomic stability, deepening structural reforms, and adapting policies in the financial sector amid high uncertainty.
Particular attention is planned to be given to issues of interest rate and exchange rate policy, as well as further steps towards reforming the financial system. The Ukrainian side emphasizes the importance of including tasks in the new program that will facilitate Ukraine’s integration into the European economic space and the development of modern financial market infrastructure.
Openness to Dialogue and Support for Reforms
The National Bank team underscores its readiness for in-depth consultations with the IMF regarding key macroeconomic indicators, currency liberalization, issues of war risk insurance, and other critically important aspects for economic recovery.
“We advocate for the new program to reflect tasks that will enable the implementation of reforms within the framework of European integration. This is an important priority for us. We also expect detailed discussions on issues related to the development of financial market infrastructure, currency liberalization, war risk insurance, and other matters. We have very high-quality expert interaction with the IMF, which I am confident will allow us to find common solutions to support Ukraine and ensure its economic recovery,” summarized the NBU Chairman.
Discussions between Ukraine and the IMF are ongoing, and both parties are committed to finding solutions that will promote sustainable development and financial stability in the country.