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28 November 2024

News

22.04.2014

Economy Minister says when hryvnia rate stabilizes

The situation on the currency market will stabilize immediately after Ukraine receives the funds from the International Monetary Fund and other international financial organizations.

Economic Development and Trade Minister of Ukraine Pavlo Sheremeta has said this during “an hour of questions to the government” in the parliament, a Ukrinform correspondent reports.

“A stabilizing factor will be receiving the financial resources from international financial organizations, which will enable filling the international currency reserves of Ukraine in the shortest time possible and removing the tension on the currency market,” Sheremeta said.

As reported by Ukrinform, Finance Minister Oleksandr Shlapak said that USD 9 billion, which Ukraine intends to attract in 2014, will be fully used for repayment of foreign obligations.

Ukrinform

 

 

 




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