Contents tagged with privatization
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Ukrainian Minister of Finance: Privatization and creation of anti-corruption court are IMF’s conditions for next tranche
Ukraine has come close to implementing the recommendations of the International Monetary Fund (IMF) in order to receive the next tranche as part of the Extended Fund Facility (EFF), and so there is reason to expect that it will be allocated by the end of the year, said Ukrainian Finance Minister Oleksandr Danylyuk.
“I consider it realistic that we will receive the tranche this year,” the head of the Finance Ministry said during a panel discussion at the Atlantic Council’s analytic center in …
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The European Bank for Reconstruction and Development called privatization ‘one of the biggest failures’ in Ukraine
To accelerate economic growth and attract foreign investors, Ukraine needs to unblock the privatization process, stated the managing director of the European Bank for Reconstruction and Development (EBRD) for Eastern Europe and the Caucasus, Francis Malige, reports Interfax-Ukraine.
According to Malige, the EBRD is still ready to provide technical support and, for certain targets, to act as a buyer of a minority stake. In particular, the bank may be interested in companies in the energy sector, …