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U.S. deputy Treasury chief, Ukraine finance minister discuss reform agenda

“Deputy Secretary Adeyemo emphasized that the United States will remain a partner to Ukraine as it enacts reforms to make its economy competitive and resilient,” the Treasury said.

The International Monetary Fund has frozen financing for Ukraine under a $5 billion loan program agreed in 2020 due partly to concerns over the independence of the country’s national anti-corruption bureau (NABU).

In late May, Ukraine’s parliament gave initial approval to legislation boosting the bureau’s independence, a move required by the IMF to revive the loan program aimed at helping the eastern European country overcome the COVID-19 pandemic.

The Treasury said Adeyemo and Marchenko discussed the importance of Ukraine’s structural reform program and cooperation with international financial institutions, such as the IMF.


Source: Economy - investing.com

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