Christine Lagarde, Managing Director of the International Monetary Fund
(IMF), held a telephone conversation today with Petro Poroshenko, outgoing
President of Ukraine.
Following the call, Ms. Lagarde made the following statement:
“I thanked President Petro Poroshenko for the close cooperation during his
presidency, during which Ukraine successfully returned to macro-stability
and growth, following the deep economic crisis of 2014–15.
“We agreed that it is crucial to safeguard the important progress made
during the President’s tenure in advancing key reforms, and especially to
ensure the independence of the central bank and maintain the stability of
the banking system. We also agreed that much remains to be done to complete
the transformation of Ukraine into a modern market economy that is firmly
governed by the rule of law and that is able to attract the higher levels
of investment needed to achieve stronger and sustainable growth, and for
incomes to catch up with the levels seen in Ukraine’s regional peers.
“The Fund stands ready to continue to support Ukraine in these efforts.”