: :inin Kyiv (EET)

Ukraine approves 2016 budget to unlock Western aid


KIEV: The Ukrainian parliament on Friday adopted a budget for next year with a deficit of 3.7 percent of GDP, crucial for unlocking much needed aid from the IMF and Western countries.
The 2016 budget was passed after an acrimonious all-night debate and was finally approved by 263 lawmakers, about 40 more than the minimum required.
The cash-strapped and war-scarred country badly needs aid and the adoption of the budget is a key condition to secure the release of a delayed $1.7 billion (1.6 billion euro) tranche from the International Monetary Fund and other Western aid.
“The process was long and painful,” Finance …read more

Source: The Manila Times

World press about Ukraine

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions

Share This

Share this post with your friends!