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Nation    

IMF asks government to boost rates, toughen lending policies
Journal Staff Report

KIEV, April 16 – The International Monetary Fund has asked the Ukrainian authorities to increase discount rate, toughen bank refinancing policy, bolster the independence of the National Bank of Ukraine and increase protection of creditors' rights.

The proposals are stipulated in a draft memorandum on the economic and financial policy, which was published by the Ukainska Pravda online publication. The publication said that IMF experts drew up the document.




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