Ukraine’s parliament passed a budget Christmas Eve, taking an important step toward ensuring that IMF bailout funds will continue to flow to Kyiv. The Financial Times:
Ukraine’s parliament adopted crucial tax amendments, a 2016 budget and other related laws in tense – at times sleepy — voting that stretched from Thursday morning past midnight, into the early hours of Christmas Day.Though dramatic, the development eased fears that mounting political infighting within a shaky ruling coalition could derail the contested laws that are key to preserving the war-scarred country’s $40bn international lifeline led by the International Monetary Fund.After bitter clashes in past …read more
Source: The American Interest
