: :inin Kyiv (EET)

IMF Team: Ukraine Shows Signs Of Recovery, Progress Depends On Reforms


An International Monetary Fund (IMF) team visiting Ukraine on a fact-finding mission says the country’s economy is showing signs of recovery but the strength and durability of the recovery depend on progress in implementing reforms.

Ron van Rooden, head of the IMF mission team that visited Kyiv from November 3-17, said Ukraine’s economic growth rate was expected to reach 1.5 percent in 2016 and pick up to about 2.5 percent in 2017.

But he said in a statement issued on November 18 that the strength and durability of the recovery “depend crucially on the implementation of ambitious reforms to support Ukraine’s transition …read more

Source: Voice of America

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