IMF asks Ukraine for concrete results in corruption fight

IMF asks Ukraine for concrete results in corruption fight
 

Resistance to reform from vested interests will derail Ukraine's economic recovery and bailout programme from the International Monetary Fund unless those in power take clear steps to fight corruption, the Fund said on Monday.
Ukraine received $1 billion (778.64 million pound) from the IMF in September, its third tranche of money under a $17.5 billion programme. This tranche had been held back for nearly a year due to political upheaval and slow progress on implementing anti-graft measures.
In a staff report following a second review of the programme, the IMF said it was not enough for... read more

 
3 October 2016 in World News, Views: 33
Source: Reuters
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