{
  "title": "Statement by the IMF Managing Director on Ukraine",
  "publication": "IMF News, July 14, 2020",
  "sourceUrl": "https://www.imf.org/en/news/articles/2020/07/14/pr20259-ukraine-statement-by-the-imf-managing-director",
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  "summary": "Press Release No. 20/259",
  "publishDate": "2020-07-14",
  "sections": [
    {
      "heading": "Summary of the statement",
      "content": "- Press Release No. 20/259\n- Date: July 14, 2020\n- Speaker: Kristalina Georgieva, Managing Director of the International Monetary Fund\n- Context: An open discussion with President Volodymyr Zelenskyy on concerns about the pressures being put on the National Bank of Ukraine (NBU)."
    },
    {
      "heading": "Findings and assessments",
      "content": "- “The reform of the NBU and its performance over the past five years is a clear success story for Ukraine.”\n- “An independent central bank helps macroeconomic stability, supports investors’ confidence, and protects the financial system—all crucial preconditions for investment and growth.”\n- “The credible policy actions of the NBU have been instrumental in stabilizing the economy.”\n- “The successful clean-up of the financial sector – which was ravaged by fraud – is also credit to the supervisory work of the NBU.”"
    },
    {
      "heading": "Policy recommendations and imperatives",
      "content": "- “It is in the interest of Ukraine to preserve the independence of NBU and it is also a requirement under the current IMF-supported program.”\n- “I urged President Zelenskyy to stay the course of sound monetary and financial policies – those are key to stronger investment and inclusive growth.”"
    },
    {
      "heading": "Media and contact information",
      "content": "- IM F Communications Department — MEDIA RELATIONS\n- PRESS OFFICER: Gediminas Vilkas\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- Twitter: @IMFSpokesperson\n\nSource: Press Release No. 20/259, July 14, 2020, International Monetary Fund.\n\n---\n\n\n References\n\n- https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva\n- Ukraine and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2020/07/14/pr20259-ukraine-statement-by-the-imf-managing-director"
    }
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    "Published: July 14, 2020",
    "Press Release No. 20/259",
    "Date: July 14, 2020",
    "Speaker: Kristalina Georgieva, Managing Director of the International Monetary Fund",
    "Context: An open discussion with President Volodymyr Zelenskyy on concerns about the pressures being put on the National Bank of Ukraine (NBU).",
    "“The reform of the NBU and its performance over the past five years is a clear success story for Ukraine.”",
    "“An independent central bank helps macroeconomic stability, supports investors’ confidence, and protects the financial system—all crucial preconditions for investment and growth.”",
    "“The credible policy actions of the NBU have been instrumental in stabilizing the economy.”",
    "“The successful clean-up of the financial sector – which was ravaged by fraud – is also credit to the supervisory work of the NBU.”",
    "“It is in the interest of Ukraine to preserve the independence of NBU and it is also a requirement under the current IMF-supported program.”",
    "“I urged President Zelenskyy to stay the course of sound monetary and financial policies – those are key to stronger investment and inclusive growth.”",
    "IM F Communications Department — MEDIA RELATIONS",
    "PRESS OFFICER: Gediminas Vilkas",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "Twitter: @IMFSpokesperson",
    "[https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva](https://www.imf.org/en/about/senior-officials/bios/kristalina-georgieva)",
    "[Ukraine and the IMF](http://www.imf.org/external/country/UKR/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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