Week’s balance: Poroshenko vows reform to IMF and investors, NBU ups outlook for economy growth and fights inflation

Last week, President Petro Poroshenko led a delegation of Ukrainian officials to the World Economic Forum in Davos, where he persuaded IMF Managing Director Christine Lagarde and potential investors in the country’s readiness to continue reforms and fulfill conditions for receiving another tranche of the loan, the National Bank improved its outlook for economic growth for 2018, at the same time pumping up its key rate aiming to tackle inflation, while Naftogaz in an attempt to push the government to accelerate the gas market reform, requested a UAH 110 bln compensation from the budget.