Ukraine parliament begins IMF reform package debate

‘Ukraine’s parliament has commenced debating a reforms package required by the International Monetary Fund (IMF) as a prerequisite for a multi-billion-dollar aid package.

The parliamentary debate over the IMF aid package, required to stop the country from falling into bankruptcy, began on Monday.

The proposed reform package includes severe public spending cuts, an increase in gas prices, and the implementation of measures aimed at battling endemic corruption.’

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