You are here

Ukraine adopts IMF-backed budget after lengthy debate

BT_20141230_UKRAINE30HP9H_1432574.jpg
Mr Poroshenko was especially keen to have the budget passed by year-end because its pro-business provisions would likely allow the IMF to release extra assistance following a January visit. The 2015 plan was rammed through by the government-led coalition with a 4.15am vote.

Kiev

UKRAINE'S Parliament on Monday adopted an austerity budget that hikes import prices and shrinks social spending in order to balance the books under a plan backed by the International Monetary Fund (IMF).

The highly disputed 2015 plan was rammed through by the government-led...

sentifi.com

Market voices on: