The IMF opened a credit line for Ukraine of $16,5 billion

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The International Monetary Fund opened for Ukraine a credit line "poste restante" (stand-by) of 16,4 billion dollars necessary for maintenance of stability creditno - a financial system of the country.

About it reports "The German wave".

"The Ukrainian economy, especially banking system is under essential pressure", - the deputy executive director of the IMF Murilo Portugal noted.

Difficulties are deepened by sharp falling of metal prices which makes a basis of the Ukrainian export, the representative of fund adds.

The agreement with the IMF provides that the first tranche of the credit of 4,5 billion dollars will be provided immediately.

Portugal also welcomed plans of National bank and the government of Ukraine concerning restoration of financial and macroeconomic stability and establishment of a flexible exchange rate with target interventions.

"Resolute implementation of the program of measures will help to reduce until the end of its action inflation to digits", - the representative of the IMF is convinced.

Opening of a credit line became possible after the Verkhovna Rada of Ukraine adopted the anti-recessionary law by which, in particular, providing the help to banks is regulated, the stabilization fund is entered and the sums of guaranteeing deposits increase.


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