Ukraine to pass laws needed for new IMF loans by June 1, ruling party leader says


  • World
  • Thursday, 29 Apr 2021

KYIV (Reuters) - The Ukrainian parliament is on track to pass legislation by June 1 to unlock loans from the International Monetary Fund under a $5 billion programme, the parliamentary faction chief of President Volodymyr Zelenskiy's party told Reuters on Wednesday.

Ukraine secured the IMF deal last year to tide the country through recession caused by the coronavirus pandemic, but the programme stalled over concerns about reforms, central bank independence and the government's efforts to tackle corruption.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In World

After vanishing from view, two US-seized Venezuela oil tankers reappear near Puerto Rico
Australia begins day of mourning for victims of Bondi Beach attack
Vietnam's Lam edges closer to new leadership term after decisive congress cut short
Riga hosts int'l conference on combating financial crime
Two killed by high waves, floodwaters as severe weather hits Greece
Rising conflict in Sudan's North Darfur traps civilians, limits aid access: UN
U.S. stocks close higher
Roundup: EU-Mercosur trade deal faces delay as EU lawmakers send it for judicial review
Crude futures settle higher
U.S. dollar ticks up

Others Also Read