You're reading: IMF, World Bank to consider financial aid to Ukraine at once after Ukrainian parliament passes necessary laws

Representatives of the International Monetary Fund (IMF) and the World Bank positively assess the situation in Ukraine in the context of conducting the required reforms, Ukrainian Foreign Minister Pavlo Klimkin said during his working visit to the United States.

I had a very clear impression that they understand stability of the
situation in Ukraine and our consistency in the realization of reforms.
At once after voting on Thursday, meetings of councils of the World Bank
and the IMF will be held and the relevant decisions will be made, the
minister said in an interview with the Voice of America after visiting
international financial institutions in Washington.

He said that at present, everything depends on how the relevant draft
laws will be voted on Thursday, July 31 at an extraordinary session of the
Ukrainian parliament.

As reported, Ukrainian Prime Minister Arseniy Yatsenyuk said Ukraine
may not get the next tranche of the IMF and World Bank loan if the
Verkhovna Rada does not adopt the bills proposed by the government on
Thursday. The bills in question amend the Ukrainian state budget, tax
legislation, and some laws on the reform of the management of Ukraine’s
unified gas transportation system.