IMF has named the key tasks of Ukraine: fight against corruption, tax, pension reforms and public company management reforms, UNIAN reports.
The International Monetary Fund, which approved the plan of Ukraine’s economic reforms a year ago with the opportunity to disburse our country the loans, amounting to USD 17.5 bln, considers the following priority tasks of Ukrainian authorities: fight against corruption, judicial and tax reforms, public company management reform as well as the pension reform and continuing country’s energy sector reforms, as it is said in the updated report of economies of Eastern European and Baltic countries, including Ukraine.
“The productivity improvement, the production stimulation, the improvement of conditions on labour market and improvement of business environment with the purpose of attracting investments are also important for Ukraine. The country’s policy should focus on institutional reforms, the purpose of which is to exclude ineffective measures and increase direct private investments”, as it is said in IMF report.
The Fund noted that the positive economic performance as well as the decrease of macroeconomic misbalances, dictated, first of all, by the geopolitical situation, are expected from Ukraine.
Previously the Fund retained the Ukraine’s GDP growth forecast as per results 2016 at 1.5% with inflation of 15.1%.
Ukraine expects the arrival of IMF assessment mission for discussing the economic situation in the country on May 10.
