The International Monetary Fund has approved Ukraine’s revised plan for an anti-corruption court which, once it’s signed into law, will unlock the next US$2 billion loan tranche, Reuters reported Wednesday.
Latin American and European finance ministers met in Washington on Thursday to discuss Venezuela’s international financial standing and alleged corruption, the Washington Post reported.
Ukrainian lawmakers will uphold a requirement for activists to declare their wealth despite European warnings that the law undermines anti-graft efforts, Reuters reported Tuesday.
Ukrainian President Petro Poroshenko vowed on Tuesday to replace a languishing anti-corruption bill with a new draft that will establish a special anti-corruption court.
The International Monetary Fund (IMF) voiced concerns over the fraying anti-corruption institutions of Ukraine in a statement on Wednesday.
International Monetary Fund (IMF) Managing Director Christine Lagarde was convicted of negligence by French court on Monday but will not face any punishment or lose her job at the head of the international financial institution.
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), warned Ukraine’s government to “act now” to improve governance and fight corruption or risk losing out on critically-needed funding.
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