
PM believes macroeconomic stability in the country directly hinges on political stability and further reforms
Macroeconomic
stability in the country directly hinges on political stability: "The
responsibility of all professionals both of the Government and central bank, as
well as MPs, is to continue the path of reform, which Ukraine began 24 months
ago," emphasised Premier Minister of Ukraine Arseniy Yatsenyuk at a meeting of
the Financial Stability Council on Friday, 29 January.
Arseniy Yatsenyuk stressed that one of the key elements of achieving
financial stability is the implementation of the steps stipulated by the
program of cooperation with the International Monetary Fund, World Bank,
European Bank for Development and Reconstruction, European Investment Bank and
the EU: "These steps are difficult, but this is the only recipe of how to
achieve economic growth for Ukraine."
The Prime
Minister called price stability, i.e. low inflation, among the key goals for
2016, "This can be achieved both by means and methods which are in the
hand of the Government of Ukraine and the monetary policy of the central bank
of the country. Prices should be within scheduled
parameters for 2016," highlighted Arseniy Yatsenyuk, noting the importance
of exchange rate stability.