(ForUm) - International Monetary Fund (IMF) made positive appraisal of economic achievements of Ukraine's government in 2006 and of declared principles of economic policy as regards investments and speeding-up of economic growth.
As press office of Finance Ministry reported, this issue was discussed at the session of IMF committee of directors, during which annual consultations between Ukraine and IMF were considered.
IMF experts appreciated the declared budget and tax strategy, which under condition of low level of state debt will let to reduce gradually tax load on economy and to increase simultaneously investment expenses. In this context they underlined that Ukraine needs faster progress with total improvement of business climate, regulatory reform, privatization and financial enhancement of state enterprises, reports Trend.
IMF also noted Ukraine's progress in holding a number of reforms, including mobilization of budget returns and creation of proper conditions for joining the WTO.