Rada members are to cut short their spring break and to meet tomorrow in emergency session to debate a banking bill designed to unlock as much as $10 billion in IMF and international aid

Wednesday, March 25, 2020
Rada members are to cut short their spring break and to meet tomorrow in emergency session to debate a banking bill designed to unlock as much as $10 billion in IMF and international aid

Rada members are to cut short their spring break and to meet tomorrow in emergency session to debate a banking bill designed to unlock as much as $10 billion in IMF and international aid. Reportedly approved by IMF staffers, the bill would block Ihor Kolomoisky and owners of 103 other banks from regaining their banks after the central bank declared the institutions insolvent in the 2014-2015 banking crisis. Although the government has a majority in the Rada, ruling party officials are only cautiously optimistic that the bill will pass the legislative hurdles to win final approval next week.

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