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The U.S. Treasury is satisfied with the pace of recovery of the Ukrainian economy

Минфин США доволен темпами восстановления украинской экономики

The Minister of Finance of the USA Jacob Lew believes that equilibrium in the economy of Ukraine by international financial tools has been achieved faster than expected.

He said this, speaking at the Council on foreign relations, reports UKRINFORM correspondent.

“Ukraine’s economy has been transformed from an unprofitable to a neutral and possibly profitable faster than you would think,” said the head of the U.S. Treasury.

Discussing the role of international assistance in settling the economic situation in Ukraine, the Minister noted that the efforts of the States in this context were not decisive. “One of our only loan guarantees would not suffice to achieve this goal,” said Lew.

According to him, the key lever for further growth in Ukraine is the program of lending to the IMF in the amount of $17 billion. In this regard, he expressed belief in the necessity of continuing the implementation of this program and to carry out its reforms in order to effectively overcome the consequences of the financial crisis.

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