Ukrainian lawmakers had recently approved a raft of IMF-backed actions and also confirmed a new government in April that ended months of political gridlock.
The International Monetary Fund could resume aid to Ukraine by the end of July after months of delay linked to insufficient progress in fighting corruption, an spokesman said on Wednesday.
“It’s possible that the board will consider the next review… in July, IMF spokesman Gerry Rice said. “The discussions are very close to being finalized.”
The disbursement of a USD 1.6 billion tranche of the IMF’s bailout program requires approval by institution’s executive board, which represents its 189 member …read more
Source: The Indian Express
