: :inin Kyiv (EET)

World Bank may consider new targeted financial support programs for Ukraine – WB vice president

Vice President of the World Bank Kyle Peters says the institution is ready to consider the possibility of launching new targeted programs of financial support to Ukraine, the Cabinet of Ministers Secretariat told UNIAN following a meeting between Ukrainian Prime Minister Volodymyr Groysman with Kyle Peters and Cyril Muller, who is also a Vice President of the World Bank.

Groysman highly appreciated the level of cooperation between Ukraine and the World Bank, expressing gratitude for supporting the necessary reforms.

”Ukraine is moving along the path of transformation, reform, and change. The World Bank experts support us in many fields: from banking and energy sectors to social reforms. I am pleased to note that we have been cooperating profoundly, and our agenda is rich. Undoubtedly, we deem our cooperation with the World Bank extremely significant and we are interested in continuing it effectively,” the head of government said.

Groysman also informed the World Bank leaders about of the government`s major tasks and priorities in the reform of the state.

”Ukraine`s Cabinet of Ministers focuses on the preparation and implementation of the pension system reform, which will ensure its fairness, as well as deficit-free Pension Fund in the medium term, as well as the pensions` growth,” he said.

”I am very interested in 2017 in terms of reducing the deficit of the Pension Fund. It is important because changing the system of salaries and deductions, as well as expanding the range of payers and increasing responsibility, are already sending positive signals. We have seen really positive dynamics over the two months,” the prime minister said.

The preparation and implementation of land reform and public privatization, the concept and content of which were developed with the participation of the World Bank experts, are also on the agenda.

In turn, vice-presidents of the World Bank noted the remarkable progress achieved by the Ukrainian government over the past eight months in stabilizing the economy, resuming economic growth, and raising the minimum wage.

Kyle Peters noted that the bank was ready to continue cooperation aimed at supporting reforms carried out by the Ukrainian government, and also consider the possibility of launching new targeted programs for financial support to Ukraine, according to the report.


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