Zelensky on cooperation with IMF: "We have already done more than any previous government"

10:40, 11 March 2020
Economy
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REUTERS

Ukraine fulfills its obligations, Zelensky told Bloomberg, according to the president's press service.

"We have already done more than any previous government, and they [IMF representatives] confirm this. We have land [land reform], and banking law left. I have assumed an obligation to adopt the land law and complete the banking law – we will do that," the president said.

Read alsoUkraine's new finance minister meets with IMF representative (Photo)

According to Zelensky, new Minister of Finance of Ukraine Ihor Umansky stands for signing the memorandum with the IMF as soon as possible. Together with Prime Minister Denys Shmyhal they are soon set to fly to the U.S. for the relevant meeting.

The president noted that a bill on the functioning of the banking system was currently being elaborated not to allow former bank owners to reclaim them.

"Not only the Office of the President, not only [Minister of Justice Denys] Maliuska, but also a large number of specialists and lawyers work on that. I think we need a little more time to agree on this bill," he said.

Among the topical issues of the so-called banking bill, the president mentioned possible problems in terms of assessing its constitutionality.

"I'm concerned about that. I have repeatedly met with the IMF. That's why lawyers do their best," the president explained.

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