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Ukraine has pledged to agree to 12 conditions to receive the next IMF tranche.

Ukraine has pledged to agree to 12 conditions to receive the next IMF tranche.

The money from the IMF will be spent on budget needs.

These structural beacons include: to approve the budget for 2022 with a deficit target of 3.5% of GDP; to abolish concessions in the criteria for state representatives in the management of state-owned banks; to release the results of an audit of funds spent on COVID; to improve the professional level in the field of banking supervision; to adopt a roadmap for bringing PrivatBank and Oschadbank for privatization; to publish reports on proceedings against former bank owners withdrawn from the market in early 2014; to adopt a strategy to recover the assets of bankrupt banks; to inspect the current members of the High Council of Justice; and to appoint the Supervisory Board of Energoatom.

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