IMF named conditions for issuing Ukraine another loan


In order to receive another tranche from the International Monetary Fund (IMF), the Ukrainian authorities must finally adopt the law on nationalized banks, as well as change the budget. This was stated by the Permanent Representative of the IMF in Ukraine Yosta Lungman, reported on April 4 RBC-Ukraine. He noted that the authorities of Ukraine should continue cooperation with the World Bank on the creation of an effective land market. We also expect changes to the 2020 budget to help the authorities respond to the extraordinary challenges posed by the COVID-19, the IMF spokesman added. According to the news agency, earlier the World Bank called on the Ukrainian authorities to adopt additional laws aimed at simplifying and accelerating the sale of land. Read also: World Bank calls on Ukraine to adopt a number of additional laws

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