"Without a substantial new effort to invigorate governance reforms and fight corruption, it is hard to see how the IMF-supported program can continue and be successful," she said. Ukraine must enact promised reforms and root out corruption or risk losing the support of the International Monetary Fund, IMF chief Christine Lagarde said on Wednesday.The warning follows the shock resignation last week of economy minister, Aivaras Abromavicius, which highlighted deep divisions within the ruling coalition and the patchy performance of Ukraine’s reform drive under the $17.5 billion IMF programme.In a statement, Lagarde said she was concerned about Ukraine’s slow progress in …read more
Source: Pulse Nigeria