REUTERS
Lagarde says that during her telephone call with the Ukrainian president, the two sides "reaffirmed the positive and cooperative relationship between Ukraine and the IMF."
IMF Managing Director Christine Lagarde has confirmed that, despite the introduction of martial law n Ukraine, the Fund will continue cooperation with the country.
“I had a constructive conversation with President Poroshenko earlier today, during which we discussed the status of the expected Stand-By Arrangement," Lagarde said in a statement on her telephone call with the Ukrainian leader Nov 28, 2018, provided to UNIAN.
"The President informed me about the key parameters of the 2019 budget, which was recently approved by parliament and is currently under review by IMF staff. The preliminary assessment is satisfactory and the process is expected to be completed shortly. We also explored possible technical assistance from the IMF to strengthen tax administration and make the tax system more growth friendly while assuring debt sustainability," Lagarde said.
Read alsoUkraine's president: IMF endorses key indicators of 2019 budget for further cooperation
The IMF chief said that all prior actions "are expected to be completed by the Ukrainian authorities by December 10, 2018, and a meeting of the Executive Board to discuss the Stand-By Arrangement would be convened promptly after that."
“We reaffirmed the positive and cooperative relationship between Ukraine and the IMF,” Lagarde's statement concludes.