Finance

If both laws were deemed ‘IMF compliant,’ they would contribute to restarting in July the long dormant process of an IMF review and to the resumption of lending in September

Wednesday, June 30, 2021

. Ukraine’s $5 billion IMF program stalled after a first tranche was disbursed one year ago. Compliance with an IMF program reassures foreign investors. Compliance would also change the dynamic of President Zelenskiy’s visit to the White House at the end of July.

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Ukraine faces a foreign debt repayment of $3 billion in September.

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The parliament also approved a law that will give international legal specialists veto power in a commission that will hire and fire judges

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