Exclusive - West holds off on Ukraine aid pledges, seeking reforms


Ukrainian President Petro Poroshenko attends a news conference after a signing ceremony with Turkey's President Tayyip Erdogan in Kiev March 20, 2015. REUTERS/Gleb Garanich

BRUSSELS (Reuters) - International lenders are delaying plans to offer Ukraine billions of dollars on concerns Kiev cannot yet prove the cash will not vanish into a corrupt economy which EU officials fear could remain a "bottomless pit".

Ukrainian authorities are still preparing a much-anticipated donor conference for April 28 but EU officials told Reuters that Western governments and agencies are now expected to meet in Kiev only late in the year, giving Ukraine longer to draw up more detailed proposals for how it would spend the money efficiently.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

North Korea's Kim calls for 'military revolution' as he urges stronger army units
Belarus targets 25 pct electric public transport by late 2029
In Florida, Trump vows to deal with Cuba after Iran settled
Russia, Ukraine agree on ceasefire in embattled town, to hold peace talks next month
Costa Rica AG says new joint DEA ops will target politicians, businessmen
Britain's retail sales up 0.7 pct in Q3
U.S. stocks close lower
Storm Austen injures several, disrupts transport in Belgium
Argentina drops probe into President Milei and sister over meme coin scandal
Northern UAE beach closed as precaution after tanker oil spill

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read