Ukraine's parliament approves stricter IMF-backed budget amendments


  • World
  • Tuesday, 03 Mar 2015

KIEV (Reuters) - Ukraine's parliament approved on Monday a raft of International Monetary Fund-backed amendments to its 2015 draft budget that Kiev hopes will help it clinch a $17.5 billion bailout package.

The amendments, which include some tax hikes and pension cuts, are part of the government's broader austerity drive to pull Ukraine back from the brink of bankruptcy.

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