Ukraine has shown significant progress in obtaining an IMF tranche – Svyrydenko

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Ukraine has made significant progress in reforms before being able to obtain a positive decision on the IMF’s second tranche of almost USD 700 million.

The First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yulia Svyrydenko told, UA writes.

She stressed that the funds are needed to combat the effects of COVID-19.

“Receiving the tranche in Ukraine was preceded by significant progress shown by our state, the implementation of a number of structural reforms. It is, first of all, about reform in the judicial sphere, anti-corruption policy, strengthening of independence of the National Bank of Ukraine” – Svyrydenko told.

To remind, the National Bank named Ukraine’s priorities in cooperation with the IMF.

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