Hryvnia will remain stable
2011-07-28 13:56:59
"The Government has created a powerful reserve of public resources, from natural gas to wheat. Hryvnia exchange rate is, and, will certainly be stable. Fiscal and monetary policy is weighed and agreed between the government and the National Bank.
By the way, all this has been authoritatively noted by the IMF. That is, it is not our conclusion, but an independent evaluation of the creditors," Azarov emphasized at the Cabinet of Ministers' meeting on Wednesday.
He recalled that a few days ago, the international rating agency Fitch Ratings upgraded again Ukraine's sovereign ratings. The prime minister also said today Ukraine sees absolutely stable financial situation, there is growth of industry, agriculture, construction, etc. Azarov noted that the government even reduced fiscal deficit by 3.5 UAH billion.