The Council of the National Bank of Ukraine (the NBU) recommends the government of the Ukraine to listen to recommendations of the International Monetary Funds (INF) for renewal of “stand-by” program.

It is said in the report, publicized at the web site of regulator as a result of the sitting of the Council of the NBU, which took place on November 8, 2012.

“The Council of the National Bank of Ukraine recommended to the Cabinet of Ministers of Ukraine:

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To promote renewal of “stand-by” program with the International Monetary Fund; to take urgent measure on removal of macroeconomic disproportions, which appear due to preserving of some administratively regulated prices and tariffs at economically baseless level”, it is said in the statement.