Ukraine to pass laws needed for new IMF loans by June 1, ruling party leader says


  • World
  • Thursday, 29 Apr 2021

KYIV (Reuters) - The Ukrainian parliament is on track to pass legislation by June 1 to unlock loans from the International Monetary Fund under a $5 billion programme, the parliamentary faction chief of President Volodymyr Zelenskiy's party told Reuters on Wednesday.

Ukraine secured the IMF deal last year to tide the country through recession caused by the coronavirus pandemic, but the programme stalled over concerns about reforms, central bank independence and the government's efforts to tackle corruption.

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