The International Monetary Fund will not give more aid to Ukraine until it becomes clear that, in the event of a government collapse, the next government would follow through on promised reforms, the country’s Finance Minister Natalia Yaresko said on Monday.
Ukraine has been waiting since October for the IMF to dispense more aid as part of a $40 billion package. The aid is contingent on the war-torn country making its economy more competitive and reducing corruption.
The patchy performance of Prime Minister Arseny Yatseniuk’s government in implementing reforms, coupled with domestic political squabbles, have delayed the disbursement of a third tranche …read more
Source: Voice of America
