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2017-12-11 09:35:00

IMF: UKRAINIAN CORRUPTION

IMF: UKRAINIAN CORRUPTION

IMF - Christine Lagarde, Managing Director of the International Monetary Fund (IMF), and Petro Poroshenko, President of Ukraine, spoke today about recent events. Following the call, Ms. Lagarde issued the following statement:

"I had a constructive and open discussion with President Poroshenko on Ukraine's efforts to fight corruption, which is expected by the Ukrainian society and is critical to improve transparency and accountability and create the conditions for sustainable growth.

"I emphasized that investigating and promptly adjudicating incidences of corruption is critical to advance these objectives and maintain public trust. In this regard, we agreed on the need to maintain the independence and enhance the operational capacity of the National Anti-Corruption Bureau and the Special Anti-Corruption Prosecutor's Office.

"We also agreed that the prompt establishment of the anti-corruption court is an essential complement of these efforts. In this regard, I supported the President's agenda for the submission of a draft law to Parliament in the coming days consistent with the Venice Commission's recommendations and past agreements under the IMF-supported program. It will be important that all members of Parliament unite behind the bill and approve it as a matter of priority.

"I assured the President that the IMF stands ready to continue to support Ukraine, along with other international partners, in the fight against corruption and encouraged the authorities to accelerate the implementation of reforms that are necessary to further improve the prospects of Ukraine's economy and its people."

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Earlier:

 UKRAINE'S GAS INVESTMENT UP TO 46%
2017, December, 4, 23:05:00

UKRAINE'S GAS INVESTMENT UP TO 46%

УКРТРАНСГАЗ - According to Ukrtransgaz’ performance results in the first nine months of 2017, capital investments in Ukraine’s gas transmission facilities increased by 46% or UAH 486 million compared to the same period of 2016, Ukrtransgaz public and media relations department reports.

 

 WBG HAS UKRAINE
2017, October, 4, 23:35:00

WBG HAS UKRAINE

According to the World Bank’s Special Focus Note on reforming land markets, the moratorium on agricultural land sales, along with weaknesses in the transparency of land rights and transactions, are major impediments to attracting investment and unlocking productivity in Ukraine’s agriculture sector.

 

 RUSSIAN GAS FOR EUROPE: UP TO 23%
2017, September, 4, 12:30:00

RUSSIAN GAS FOR EUROPE: UP TO 23%

Russian natural gas volumes piped via Ukraine to European consumers are up by 23.4 percent so far this year at 61.9 billion cubic metres (bcm), Ukrainian gas transport monopoly Ukrtransgaz said.

 

 RUSSIAN - UKRAINIAN OIL TRANSIT: UP 42%
2017, April, 10, 18:40:00

RUSSIAN - UKRAINIAN OIL TRANSIT: UP 42%

Ukraine's transit of Russian oil for exports to Europe in March rose 42% year on year to 1.25 million mt, state oil shipper UkrTransNafta said

 

 UKRAINE'S SERIOUS SHORTCOMINGS
2017, April, 7, 18:30:00

UKRAINE'S SERIOUS SHORTCOMINGS

Ukraine has been urged to finalise gas sector reforms by Janez Kopac, director of Energy Community that regroups EU and non-EU states in Europe.

 

 WBG BOUGHT UKRAINE: $10 BLN
2017, April, 6, 18:30:00

WBG BOUGHT UKRAINE: $10 BLN

The World Bank’s current investment project portfolio in Ukraine amounts to about US$2.8 billion. Investments support improving basic public services that directly benefit ordinary people in areas such as water supply, sanitation, heating, power, roads, social protection and healthcare, as well as private sector development. Since Ukraine joined the World Bank in 1992, the Bank’s commitments to the country have totaled over US$10 billion in about 70 projects and programs.

 

 IMF: UKRAINE'S CORRUPTION
2017, April, 5, 18:35:00

IMF: UKRAINE'S CORRUPTION

Directors welcomed the creation of new anticorruption institutions, but strongly urged the authorities to strengthen these institutions further and to establish an independent anticorruption court to achieve concrete results, in order to support the reform program, attract investment, and achieve faster growth.

Tags: IMF, UKRAINE, CORRUPTION