Christine Lagarde says it is tough to see the programme continuing ‘without substantial effort’ to improve governanceThe International Monetary Fund has warned it will halt its $40bn (£28bn) bailout programme to Ukraine unless the conflict-torn eastern European country takes immediate action to tackle corruption.
The IMF’s managing director,Christine Lagarde, said on Wednesday that “without a substantial new effort” to improve governance, or it was tough to see how the Washington-based organisation could continue to supply financial aid.
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Source: theguardian.com