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Corruption fight 'key challenge' for Ukraine, IMF official says
Journal Staff Report

KIEV, Oct. 10 - The International Monetary Fund has positively evaluated the macroeconomic situation in Ukraine, but said it expects the Ukrainian government to invigorate activities in the fight against corruption, of the IMF European Department Director Poul Thomsen said.

"The fund currently has one of the largest programs in Ukraine. And we see significant progress if to talk about the economic situation. All this became possible thanks to the measures taken by the Ukrainian government: the matter concerns budget adjustments, a transition to a flexible exchange rate, and adjusting prices for energy resources. All these measures have stabilized the macroeconomic situation, and today we can say growth is returning to Ukraine," he said at a press conference in Washington.




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