President Victor Yushchenko on Tuesday met with a delegation of the International Monetary Fund, led by First Deputy Managing Director John Lipsky, according to the President`s press-office.

They spoke about Ukraine’s political situation and economic achievements, especially the IMF’s assessment of the country’s domestic market, macroeconomic and budget processes. Yushchenko said Ukraine’s dynamically growing foreign investment rate showed that its investment climate was improving.

Lipsky said the International Monetary Fund regarded Ukraine’s economic situation as “quite positive,” expressing confidence the country would preserve its “good economic tendency” in 2008. Lipsky added Ukraine would have “relatively low” inflation, according to their forecasts. “This situation creates a very favorable environment in Ukraine, which means your exports will be in high demand,” he said.

Ukraine’s Foreign Minister Arseniy Yatsenyuk and Deputy Secretariat Chief of Staff Oleksandr Chalyy were present at the meeting.