An IMF program is to be tied to fiscal austerity and deep, structural changes

An IMF program is to be tied to fiscal austerity and deep, structural changes. This fall, Ukraine has made progress on much of the checklist. The draft 2020 budget meets the 2% deficit limit. The Rada has passed a constitutionally sound law against illicit enrichment. Naftogaz production and pipelines are being ‘unbundled.’ Domestic gas prices are now set to regional market prices. Draft laws are in the Rada for a farmland market, for further empowering the government to shut down insolvent banks, and to strengthen the Anti Monopoly Commission.