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IMF mission view on Ukraine-IMF memo implementation important for country, says president

IMF mission view on Ukraine-IMF memo implementation important for country, says president

The opinion of an International Monetary Fund (IMF) mission on Ukraine's implementation of its memorandum of economic and financial policies is important for the country, President Viktor Yuschenko said at a meeting with the mission's head, Ceyla Pazarbasioglu, in Kyiv on Friday.

The issue concerns the assessment of the country's achievements in attaining macroeconomic stability, according to the presidential press service.

"There are many difficulties, both in particular economic branches and in the budget process in general. It is regrettable that processes that are traditionally independent of the political influence are currently hit by political speculation. Therefore, if politicians attack the key, fundamental things ensuring stability, including macroeconomic stability, and if they destroy this stability, it will be difficult for us to maintain them," Yuschenko said.

He said that in this connection, the mission's opinion on the forecasts made for 2009 is very important, because they have a different political viewpoint on Ukraine.

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