Ukraine was on the brink of losing $3.2 billion in financing / Photo from UNIAN
The Verkhovna Rada of Ukraine has passed on Thursday all five draft laws needed to receive the $1.7 billion second IMF tranche, $1 billion from the World Bank, $300 million from Japanese government, and $200 million from Germany, an UNIAN correspondent reports.
In particular, the Parliament adopted the bill, required in the IMF program, on the improvement of the system of guaranteeing the individuals’ deposits (No 2045-a), which simplifies the procedure for obtaining deposits and raises the responsibility of owners of insolvent banks, as well as enhances the independence of the Deposit Guarantee Fund.
In addition, the parliament adopted a bill abolishing the moratorium on seizing the property of companies with over 25% state-owned shares, which are debtors of Naftogaz (No 2956); and two bills on increasing the effectiveness of the Anti-Corruption Bureau (No 2873 and No 2879).
Also, the parliament passed a bill on the calculation of tariffs in the housing sector, which was a condition for receiving a $300 million loan from Japan and a $200 million loan from Germany.
As UNIAN reported earlier, Ukraine was on the brink of losing loans worth $3.2 billion, had the Parliament not adopted the required bills.