Press Release No. 11/313

Press Release: Statement by IMF Special Advisor David Lipton on Ukraine

August 24, 2011

Mr. David Lipton, Special Advisor to the Managing Director of the International Monetary Fund (IMF), issued the following statement today in Washington, DC, following a meeting with Ukraine finance ministry and central bank officials:

“On Tuesday, I met with ministers Yaroshenko and Boyko, and Deputy Governor Sorkin, in Washington. We discussed recent economic developments in Ukraine and abroad, and progress under the Stand-By Arrangement (SBA).

“I stressed the importance of strong policies and reforms to overcome delays and complete the second review. The authorities reaffirmed their commitment to the objectives of the SBA program and the implementation of pending measures. The next Fund mission to Kyiv is now scheduled for late October.”