IMF concerned over Abromavichus statements on resignation - Lagarde

“Mr. Abromavicius on the position of economy minister of Ukraine carried out a range of efficient and fundamental reforms to ensure attractiveness for direct investments to Ukraine, to make the improvements as much as he could, and I would like to pay tribute to his efforts,” Lagarde said at an online news conference in Washington on Thursday. At the same time, she said the minister’s announcement on resignation raised concerns. Lagarde praised efforts by the Ukrainian government, in particular, on the stabilization of fiscal situation to prevent the embezzlement of state funds, and the price control in the energy sector. At the same time, she stressed that as to corruption, “much is still to be done”.