Ukraine risks losing foreign support over reform delay, PM says


  • World
  • Wednesday, 04 Nov 2015

Ukraine's Prime Minister Arseny Yatseniuk speaks during a news conference in Kiev, Ukraine, October 15, 2015. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine risks losing the support of its Western backers if squabbles between the government and parliament delay or derail its reform efforts, Prime Minister Arseny Yatseniuk said on Wednesday.

Ukraine has promised to revamp its tax system under an International Monetary Fund-led bailout programme. But a failure to agree the size of tax cuts has delayed the submission of a draft budget for 2016 and therefore held up the disbursement of the next $1.7 billion tranche of IMF loans.

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