The past two months have not been favorable for Ukraine’s image in the West. The unnecessary government crisis leading to the ouster of Prime Minister Arseniy Yatsenyuk and his government has meant little progress on reform and lots of attention to politics. The strongest reform ministers—Natalie Jaresko, Aivaras Abromavicius, Oleksiy Pavlenko, and Andriy Pyvovarskiy—left with Yatsenyuk and their replacements as a whole do not have the same reform credentials. The crisis prompted the IMF to hold back delivery of its $1.63 billion tranche of economic assistance due in February, retarding Ukraine’s recovery from the sharp drops in GDP over the …read more
Source: Atlantic Council