Finance Minister Sergiy Marchenko warns that Constitutional Court decisions to nullify anti-corruption agencies threatens $5 billion in IMF, EU and World Bank aid

Thursday, November 5, 2020
Finance Minister Sergiy Marchenko warns that Constitutional Court decisions to nullify anti-corruption agencies threatens $5 billion in IMF, EU and World Bank aid

Finance Minister Sergiy Marchenko warns that Constitutional Court decisions to nullify anti-corruption agencies threatens $5 billion in IMF, EU and World Bank aid scheduled for Ukraine over the next year. In addition, the dismantling of the anti-corruption agencies could trigger “the risk of early repayment requirements” of $13.3 billion. “Without a legal settlement of this issue, international partners will block all financial agreements for us,” the Minister warns in a guest piece for Channel 24 TV. Referring to the Constitutional Court of Ukraine, the headline reads: “Financial isolation: how the CCU destroys Ukraine’s international reputation.”

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