Ukraine for the first time meets IMF requirements - Poroshenko

16:58, 15.09.2015 1 min read

Ukraine has for the first time fulfilled the conditions of the agreed program of cooperation with the International Monetary Fund (IMF), President of Ukraine Petro Poroshenko has said.

"Ukraine, for the first time in the history of its cooperation with the IMF, fulfilled the program which has been agreed," he said.

Poroshenko said that the fact that Ukraine has established successful cooperation with international financial institutions suggests that reforms are being carried out in the country.

"Last week Germany issued EUR200 million, which we now can temporarily use for gas purchases to ensure energy security in winter and which will be used to support reforms and the government's efforts. European Commissioner Hahn has stated Europe is to issue EUR90 million to support decentralization," he said.

Poroshenko said that the European Investment Bank and the World Bank also allocate funds to Ukraine.