Ukraine Approves A Crisis Budget, But Has No Way To Cover Deficit

Ukraine Approves A Crisis Budget, But Has No Way To Cover Deficit, Katya Gorchinskaya writes in Forbes. “Without passing an additional banking law required by the International Monetary Fund to release an extended aid package, the nation has no way of covering a deficit that size amid the economic crisis,” she writes, referring to a bill designed to block Ihor Kolomoisky and others from regaining control of banks they bankrupted. While the government crafts an approach to dealing with the 16,335 bill amendments, she writes: “The date of the possible vote remains unclear.”