New agreement with IMF to accelerate economic growth in Ukraine – PM Honcharuk

Ukrainian Prime Minister Oleksiy Honcharuk has stated that a new agreement with the International Monetary Fund (IMF) will accelerate economic growth in the country, the Government portal has reported.

“It is symbolic that we reached the Staff-Level Agreement on the 100th day of the work of the Government. Support from such large institutions is a mark of trust from international community to Ukraine. This means the resources will be cheaper. For business and citizens this, in its turn, means that the economy will grow faster, and the employment rate and salaries will increase,” Honcharuk noted.

According to him, the Cabinet of Ministers plans on attracting even cheaper resources with each passing month.

Finance Minister Oksana Markarova, in turn, said that the new program with the IMF is a signal to Ukrainian and international business that Ukraine will accelerate economic growth based on macroeconomic stability.

“On this way we have complete support of our official financial partners,” the finance minister said.

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