Don't miss

Replay


LATEST SHOWS

MIDDLE EAST MATTERS

Susan Meiselas: Kurdistan through the lens

Read more

BUSINESS DAILY

Global wine production drops to lowest level in 60 years

Read more

MEDIAWATCH

Trump and Macron media moments in the US

Read more

ENCORE!

Photographer Clare Strand explores the causes and consequences of communication breakdown

Read more

IN THE PRESS

Fashion and ethics: Five years after Bangladesh factory collapse, what's changed?

Read more

FOCUS

Israel’s migrant crisis: Clear government signals, but unclear decisions

Read more

MEDIAWATCH

Louis XIV's message for the British royal baby

Read more

EYE ON AFRICA

Zimbabwean nurses call off strike and return to work

Read more

THE DEBATE

Macron meets Trump: A state visit with discord on the horizon?

Read more

PEOPLE & PROFIT

The business show that goes beyond the numbers and the corporate jargon! Stephen Carroll breaks down major business stories and looks at how they affect our lives. Thursday at 4.15 am Paris time.

Latest update : 2017-12-14

Ukraine's finance minister says anti-corruption court should satisfy IMF

Ukraine has promised to step up efforts against corruption in an effort to resolve an impasse with its international lenders. A bill establishing an anti-corruption court will be put to parliament in February, according to the country's justice minister. Stephen Carroll asks Ukraine's Finance Minister Oleksandr Danyliuk whether it will satisfy the IMF.

Ukraine's finance minister says the establishment of an anti-corruption court was a "number one priority" for the International Monetary Fund.

The IMF had recently criticised Kiev over an attempt by lawmakers to roll back on efforts to fight corruption.

On Wednesday, the country's justice minister responded to international pressure by announcing a bill establishing an independent court would go to parliament in February.

'Missing link'

Speaking to FRANCE 24's Business Editor Stephen Carroll, Ukrainian Finance Minister Oleksandr Danyliuk said the court was the missing link in the clampdown on graft.

"Without a proper functioning anti-corruption court, there will never [be] well-functioning anti-corruption infrastructure. At the moment we have all the elements… what is missing is this link, the last element is the anti-corruption court," he said.

The IMF agreed a $17.5 billion bailout with Kiev in 2015, but payment of the latest tranche has been held up as reforms to pensions and gas subsidies have been delayed.

In spite of this, the finance minister said his government has a "pretty good relationship" with the Fund.

'Very ambitious' reforms

"We are slightly behind… because the reforms in the programme are very ambitious", he told FRANCE 24.

"I don’t know many countries in the world, if actually any country in the world, that managed to do as much as we did over the last three years."

Ukraine's economy suffered a deep recession after a conflict with Russian-backed separatists sliced a fifth off its industrial output.

The country returned to growth last year, and Danyliuk said the economy has moved away from trade with Russia towards greater exchanges with the European Union.

"We’re exploring other markets, not just as a state, but individual companies too. And the country is reorienting from the unstable Russian markets to more predictable, competitive, depoliticised markets."

By Stephen CARROLL

Archives

2018-04-18 work

The future of work: How the gig economy is changing the jobs market

As technology revolutionises the workplace and robots replace more and more human workers, what will hiring and firing be like in the future? Stephen Carroll talks to former HR...

Read more

2018-04-11 French economy

Facebook data scandal: Is sorry the hardest word?

Facebook's boss is on an apology tour after the data harvesting scandal that sent the social network's share price tumbling. Mark Zuckerberg is trying to limit the damage from...

Read more

2018-04-04 trade

Trouble ahead: How far will the US-China trade dispute go?

How far will the trade spat between China and the United States go? Stephen Carroll discusses the risks of the escalating dispute with Dr Linda Yueh, economist and author of "The...

Read more

2018-03-28 Facebook

Big bother: Facebook scandal highlights how firms manage user data

Facebook is at the centre of a political firestorm after reports that information about millions of users have ended up in the hands of a political research firm. Stephen Carroll...

Read more

2018-03-21 gender pay gap

Mind the pay gap: UK companies publish figures on gender pay disparity

New figures have revealed an astonishing gender pay gap in the UK's financial industry. Stephen Carroll talks to Ann Francke, CEO of the Chartered Management Institute (CMI),...

Read more