Ukraine Resident Representative Office -- News Archive

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IMF Mission Statement on Ukraine

October 25,2009
Oct 25, 2009 

Statement by Resident Representative Max Alier on the Mission to Ukraine

October 12,2009
"An International Monetary Fund (IMF) mission arrived in Ukraine today to conduct the discussions on the third review under the Stand-By Arrangement. The first part of the mission will focus on technical discussions. Based on those discussions, negotiations will take place starting October 14 when Ms. Pazarbasioglu joins the team in Kyiv." Max Alier, IMF Resident Representative in Ukraine, said. 

Max Alier interview to Kontrakty, August 31, 2009

August 31,2009
In his interview to Kontrakty, Max Alier conveyed the following: 1. The IMF is satisfied with the dynamics of bank recapitalization in Ukraine 2. UkrPrombank and Nadra would be nationalized after their external debts are restructured 3. The world economy has already bottomed out 

Statement by Resident Representative Max Alier on a Staff Visit to Ukraine

August 19,2009
"At the Government of Ukraine's invitation an International Monetary Fund (IMF) staff team is planning to visit Kyiv in early September to discuss the preparation of the 2010 budget. The discussions will assist in the preparation of a late-October mission that will visit Kyiv to conduct the discussions on the third review under the Stand-By Arrangement." Max Alier, IMF Resident Representative in Ukraine, said. 

Statement by the IMF Resident Representative Office in Ukraine

July 24,2009
We welcome the set of reforms to the legal framework for bank resolution adopted today by the Parliament of Ukraine. The reforms represent significant progress towards restoring financial stability because they provide a robust framework for resolving problem banks consistent with international good practices. The legal amendments substantially broaden the bank resolution toolkit, facilitate lowest-cost resolutions, and provide incentives to engage private investors consistent with the objective of protecting depositors. The adoption of the reforms will help enhance confidence and promote the sustainable development of the banking sector, both of which are key in returning the Ukraine to a path of growth and prosperity. 

Statement by the IMF Resident Representative Office in Ukraine

July 24,2009
We welcome the set of reforms to the legal framework for bank resolution adopted today by the Parliament of Ukraine. The reforms represent significant progress towards restoring financial stability because they provide a robust framework for resolving problem banks consistent with international good practices. The legal amendments substantially broaden the bank resolution toolkit, facilitate lowest-cost resolutions, and provide incentives to engage private investors consistent with the objective of protecting depositors. The adoption of the reforms will help enhance confidence and promote the sustainable development of the banking sector, both of which are key in returning the Ukraine to a path of growth and prosperity. July 24, 2009 

Statement by Resident Representative Max Alier on the Mission to Ukraine

June 23,2009
"An International Monetary Fund (IMF) mission will visit Ukraine starting on June 23 to conduct the discussions on the second review under the Stand-By Arrangement. The first part of the mission will focus on technical discussions. Based on those discussions, negotiations will take place starting June 30 when Ms. Pazarbasioglu joins the team in Kyiv." Max Alier, IMF Resident Representative in Ukraine, said. 

Crisis Creates Testing Times for Europe’s Policymakers

June 10,2009
The economic downturn sparked by the financial crisis that began in mid-2007 has become a global, synchronized recession. 

Conference Call on Ukraine with Mission Chief Ceyla Pazarbasioglu,

May 8,2009
Read the transcript of the Conference Call on Ukraine with Mission Chief Ceyla Pazarbasioglu, Assistant Director of the IMF’s European Department 

IMF Helping Counter Crisis Fallout in Emerging Europe

January 14,2009
The financial crisis has hit Europe hard. In an interview, IMF European Department head Marek Belka talks about Europe's prospects for recovery and the principles that guide the Fund as it seeks to help Europe's emerging economies counter the fallout of the crisis. 

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