REUTERS
The International Monetary Fund (IMF) has expressed confidence in the progress in negotiations on next bailout tranche for Ukraine under the Extended fFund Facility (EFF) in the coming days, the press service of the National Bank of Ukraine (NBU) reported with reference to a statement by IMF European Department chief Poul Thomsen during a briefing at the annual meeting of the IMF and the World Bank in Washington, DC.
The representative of the Fund also positively assessed the success of the National Bank in supporting Ukraine's macro-financial stability, the report says.
In turn, NBU Acting Governor Yakiv Smolii during the meetings in Washington said that sustainable and high economic growth was impossible in Ukraine without transformations within the framework of the cooperation program with the IMF.
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In particular, during the meeting with Governor of the Central Bank of Sweden Stefan Ingves, the parties agreed to continue a large-scale program of cooperation between the central banks of the two countries.
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