Ukrainian lawmakers finish their last full session week of 2016, leaving plenty of loose ends. One accomplishment came when the Verkhovna Rada passed a $30 billion budget that is mostly balanced.
But lawmakers still failed to pass legislation that the reform-minded activists wanted. Lawmakers also did not check off most items from the list of demands of the International Monetary Fund.
However, experts believe that the approval of 2017 budget that meets IMF’s requirements, together with the nationalization of the PrivatBank on Dec. 18, will be enough for Ukraine to receive a $1.3 billion IMF loan as early as January.