ASSESSMENTS

Ukraine Shows Signs of Stability

Jun 3, 2016 | 22:25 GMT

Just a few months ago, the Ukrainian government was hampered by political infighting. But there are recent signs of progress that bode well for the country's stability.

(GENYA SAVILOV/AFP/Getty Images)

Summary

This week there were several positive signs for the stability of Ukraine's government, which is normally known for its disunity. On June 2, 355 members of the 450-seat Ukrainian parliament voted to approve constitutional changes that will enable key judicial reforms. Then on June 3, Ukrainian President Petro Poroshenko announced that the next tranche of an International Monetary Fund loan, which had been dependent on Ukraine following through with reforms, would be disbursed as scheduled in the coming months.

This week there were several positive signs for the stability of Ukraine's government, which is normally known for its disunity. On June 2, 355 members of the 450-seat Ukrainian parliament voted to approve constitutional changes that will enable key judicial reforms. Then on June 3, Ukrainian President Petro Poroshenko announced that the next tranche of an International Monetary Fund loan, which had been dependent on Ukraine following through with reforms, would be disbursed as scheduled in the coming months. These events show significant progress for a government that just months ago was debilitated by infighting and rumored to be heading toward early elections. After coming to power following the Euromaidan uprising at the beginning of 2014, the ruling coalition lost many of its allies over differences, causing the IMF to freeze the assistance necessary to repair Ukraine's battered economy. In early April, then-Prime Minister Arseniy Yatsenyuk resigned amid the turmoil, and...

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