Groysman Met With EBRD President

Sir Suma Chakrabarti, the president of the European Bank for Reconstruction and Development, is on a working visit to Ukraine


Photo Ukraine Government Portal


Ukrainian Prime Minister Volodymyr Groysman met with the president of the European Bank for Reconstruction and Development, EBRD, Sir Suma Chakrabarti. The president of the EBRD is currently in Kyiv on his 11th visit to Ukraine. This was reported by the Ukraine Government Portal.

“The policy of the Government of Ukraine despite all challenges of the inter-election period remains solid  – macroeconomic stability, economic growth and structural reforms. And the support of our strategic partners, first of all, the European Bank for Reconstruction and Development is of utmost importance,” Groysman said during their meeting.

The EBRD is one of the biggest investors in the Ukrainian economy. The EBRD has invest around €13.5 billion in 427 different projects. The portfolio includes public sector development projects, small and medium business development projects, the banking sector, and energy.

“I praise the level of our cooperation. I am glad to note that we demonstrate good dynamics this year. We appreciate the support we receive in implementing reforms. And we undeniably appreciate the resources that the Bank invests in the Ukrainian economy. […] Our scenario is the responsibility, consolidation of Ukraine as a reliable partner country. Thank you for your readiness to support our country,” Groysman said to Chakrabarti.

“We have staunchest support for you. This is my 11th visit to Ukraine, we have a powerful team here. Ukraine is in TOP 5 partner countries of the EBRD,”  Chakrabarti replied.

During the meeting, the sides discussed the current economic situation in the country, prospects of renewal of cooperation with other partners, including the International Monetary Fund, touched upon the issues related to energy reforms, the process of unbundling Naftogaz and restoration of large-scale privatization efforts.

“My policy remains unwavering: macroeconomic stability, economic growth and structural reforms,” Groysman said.

Groysman also expressed interest in having Ukraine host the EBRD 2021 Annual Meeting as show of support for the EBRD.

Source Ukraine Government Portal
date 12.06.2019
categories Ukraine
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