Ukraine says finalised talks with IMF on 2021 budget

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(Reporting by Julie Ingwersen; Editing by Caroline Stauffer and Marguerita Choy)

“The parameters of the 2021 budget coincide with the assessments of the Fund’s specialists, which was important for the continuation of successful cooperation between Ukraine and the IMF,” the ministry said in a statement.

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KYIV, Nov 26 (Reuters) – Ukraine’s finance ministry has successfully finalised talks with the International Monetary Fund on the draft of the 2021 budget, it said on Thursday, a key condition for starting talks with the multilateral lender on the next tranche.

Ukraine secured a $5 billion loan deal with the IMF in June to fight a sharp economic slowdown. But the IMF has postponed its mission to Kyiv while waiting for clear signals that the authorities will continue reforms.

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That’s left opposition leader Jodi McKay questioning why the government is still keen on privatising its remaining stake in WestConnex and examining the sale of lotteries duties, which puts about $475 million into government coffers every year.

BRUSSELS/BERLIN, Nov 30 (Reuters) – NATO must think harder about how to handle China and its military rise, though Russia will remain its main adversary during this decade, according to a report to be published on Tuesday on reforming the Atlantic alliance.

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