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 MPs support bills crucial for next IMF tranche

Ukrainian parliament deputies supported three draft laws necessary for the International Monetary Fund (IMF) to give Ukraine the second tranche of the EFF loan of $1.7 billion.

Moreover, another bill guaranteeing additional $1 billion from the World Bank, €200 million from Germany and $300 million from Japan was passed, Censor.NET reports citing Interfax-Ukraine.

"If the Verkhovna Rada supports the necessary bills this week, Ukraine will be able to move further for $3.2 billion of financial support needed by our country," the Deputy Finance Minister for European Integration Artem Shevaliov commented on the importance of the package the day before voting.

Read more: Jaresko urges parliament to pass laws crucial for IMF tranche: "We have to do it before vacations"

According to him, to unlock the cooperation with the IMF, the bill No.2045 on improvement of the system of guaranteeing deposits of individuals and addressing the acute problems of transparency and efficiency of the Individual Deposit Guarantee Fund was crucial.

Two other "IMF package" bills include No.2956 on mechanisms of influence on the debtor companies of Naftohaz Ukrainy and No.2873 on clarification of jurisdiction of the National Anti-Corruption Bureau.

To obtain financial support from the World Bank under two projects of $1 billion and related macro-financial assistance of Japan and Germany, the bill No.2029-a on regulation in the field of public services was passed. It has to provide a unified approach to formation and establishment of fees.

 
 
 
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