The head of the IMF in Ukraine saw macroeconomic stabilization – RBC

The Managing Director of the International Monetary Fund Christine Lagarde

Photo: AFP

Visit Kiev visiting Director of the International Monetary Fund Christine Lagarde said that Ukraine has achieved macroeconomic stabilization. However, she explained that this was due to the efforts of the team of the President of Petro Poroshenko.

«In very difficult circumstances to achieve macroeconomic stability, which is now stronger, and keep the economy which is already showing signs of recovery, it is really thanks to you and your team “, – quotes Lagarde RBC-Ukraine.

According to the head of the IMF, Ukraine has managed to surprise the world. “I am very impressed with the progress that has been made over the past few months. Ukraine surprised the world reaching what it has achieved in so short a time. It’s just incredible. I can say this because we know the basic information, we follow what is happening in the country “, – she added.

In addition, Lagarde welcomed the fact that the Minister of Finance and Head of the Central Bank are women. “This world is nowhere. And I think it also contributed to your success “, – stated Lagarde.

In discussing the problem of the debt of Ukraine Russian Lagarde said that its board of directors will determine statuc International Monetary Fund. Speaking at a press briefing after the meeting with Lagarde Poroshenko said that Russia does not receive a “more privileged” conditions of repayment of the Ukrainian debt. He called on Moscow before the end of the year to decide on the further destiny of the loan of $ 3 billion, issued even during the presidency of Viktor Yanukovych.

Poroshenko also said that the successful completion of negotiations with the IMF Ukraine has avoided the danger of default.

At the end of August, the international rating agency Fitch downgraded the credit rating of Ukraine in foreign currency from the SS to C. According to the rating scale of Fitch, level C corresponds to the “inevitability of default.” In those days, the rating agency S & amp; P retained long-term sovereign rating of Ukraine for obligations in foreign currency at the level of the SS, is accompanied by a commentary on negative outlook. Agency experts have considered a default on external obligations of Ukraine is very likely.