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                        THURSDAY, MARCH 28, 2024
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Recovery of Ukrainian economy is insufficient, IMF Resident Rep says
Journal Staff Report

KIEV, Sept. 28 – The restoration pace of the Ukrainian economy is predictable and insufficient, IMF Resident Representative Jerome Vacher said.

The economy has achieved macroeconomic stabilization, the IMF sees a gradual improvement of the economy – an increase of 1.5%, as the IMF predicts for 2016, he said. But it’s a moderate recovery and the IMF would like to see a more sustainable one, he said at a press conference in Kiev.

He said that among the hindering factors is the volatility of resources prices affecting exports, the problems in trade relations with Russia and the weakness of the financial sector, as it is not ready to trigger the economy revitalization.




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