Ukraine Economy: A Head Start for Long-Awaited Reforms?

The unique post-election political landscape – featuring a strong pro-presidential parliamentary majority for the first time in Ukraine's history – bodes well for the pace of economic reforms. The announced reform agenda is ambitious – the declared goal is to push through reforms that have been stuck for years due to a lack of political consensus. A new IMF program looks secure after the government reconfirmed its commitment to meet the fund's requirements. The only critical element still absent from the agenda is a commitment on the PrivatBank fraud case – there is no progress on that front so far.

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