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Yatsenyuk pledges parliament's support of decisions to win IMF loan

February 28, 2014, 15:45 UTC+3 KIEV
"We see not only positive signals. Clear steps to get financial aid are being taken," Arseniy Yatsenyuk said
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© EPA/SERGEY DOLZHENKO

KIEV, February 28, 14:44 /ITAR-TASS/. Ukraine’s parliament will support all measures necessary to win the backing of international financial institutions, including the International Monetary Fund, said Prime Minister Arseny Yatsenyuk, whose appointment has been approved by Verkhovna Rada lawmakers.

“The economic situation is very sad and we announce this openly,” he told a news conference on Friday. “We will take extremely unpopular measures. The parliament and coalition will support all bills necessary for the disbursement of loans.”

Government “is working on a mechanism to get funds from international financial organisations as soon as possible to build up gold and foreign exchange reserves and stabilise the situation on Ukraine’s currency market,” Yatsenyuk said.

“The main thing for us is to stay calm. We have support from foreign creditors and the National Bank’s tools. We have lived through not one crisis and we will overcome this one,” he said.

Cabinet action “will not interfere with the activities of the National Bank of Ukraine,” Yatsenyuk said. “Our priority is to resume talks with the International Monetary Fund urgently. We see not only positive signals. Clear steps to get financial aid are being taken.

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