IMF Spokesperson Gerry Rice said this at a briefing on Thursday, when asked by Ukrinform about the prospects of the IMF program for Ukraine.
“Earlier this year, we held virtual discussions with Ukrainian authorities on progress in implementing those policies and reforms [under the stand-by arrangement]. The discussions were productive but in terms of the status, more progress is needed to support completion of the first review under the program,” he said.
Rice stressed that the IMF’s program is aimed to help the country in the current crisis but also “to focus on safeguarding medium term fiscal sustainability, preserving central bank independence and a flexible exchange rate and enhancing financial stability”.
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