Arseniy Yatsenyuk calls for a meeting of the economic and financial stability council

Prime Minister of Ukraine Arseniy Yatsenyuk urges a meeting of the economic and financial stability council should be summoned to tackle the current situation in the forex market: "I won’t afford the situation similar to that of last year, when we had to interrupt the session of the Cabinet of Ministers to take urgent decisions to stabilize the currency and exchange sector," he declared at a session of the Government on Wednesday, January 20.

Arseniy Yatsenyuk appealed to First Deputy Chairman of the National Bank who was present at the Government meeting with a request to convene a meeting after the return of the Ukrainian delegation from the World Economic Forum in Davos: "We should urgently hold this meeting with the Minister of Finance, the Chairman of the National Bank, the entire economic bloc. And we should inform the President about the steps that need to be taken".

"We share same objectives with the National Bank. These goals include low inflation and the stable national currency. Everyone has his own responsibility. But all of us have the responsibility to the Ukrainian people, we should ensure payment of pensions, wages, new jobs, keep inflation rate at the level reflecting objective economic processes and prevent it being at the level of the previous year, to secure the exchange rate consistent with the economic realities of today within the country", stressed the Head of Government.

"Among the essential tasks is further cooperation with the International Monetary Fund as a key creditor of Ukraine and the core institution that assesses whether reforms are implemented or not. They give money only when the reforms are underway and so we should advance them", said Arseniy Yatsenyuk.