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The American Chamber of Commerce supports measures taken by Ukraine’s government to date and urges Parliament to vote on IMF legislation this week

The American Chamber of Commerce supports measures taken by Ukraine’s government to date and urges Parliament to vote on IMF legislation this week

The American Chamber of Commerce in Ukraine (the Chamber) supports the measures taken to date by the Ukrainian government to safeguard Ukrainian people as much as possible during the COVID-19 pandemic. We are all in this together – civil society, the business community, and government. We all feel the significant impact of the spread of the coronavirus, and need to remain united to be stronger.

The Chamber member companies continue to help our community in Ukraine to outfight coronavirus outbreak in many ways – through financial support, protection means, medical devices, medicines, and other services they possess. The Chamber uses every opportunity to provide all necessary assistance to help the business community and the Ukrainian government during these challenging and unprecedented times.

We are hearing positive signals about the deal with the International Monetary Fund (IMF). Ukraine’s Parliament must take bold, decisive, and rapid action this week to vote on necessary legislation to conclude the deal with the IMF that will enable disbursements to start in the near term. The American Chamber of Commerce in Ukraine urges the Parliament to vote for the IMF deal to support Ukrainian people and economy without delay. The business community believes that financial assistance from the IMF, together with renewed reform momentum, will help to anchor the trust of investors and support the economy in the difficult days ahead.

AmCham member companies will continue to operate in Ukraine during these most challenging times to keep Ukraine’s economy moving.

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