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U.S. Markets

IMF's Lipton says Ukraine risks going backwards

International Monetary Fund Deputy Managing Director David Lipton speaks at a news conference in Tokyo, Japan June 19, 2017. REUTERS/Kim Kyung-Hoon

KIEV (Reuters) - Ukraine risks reversing progress made under a $17.5 billion aid-for-reforms programme from the International Monetary Fund, IMF first deputy managing director David Lipton was quoted as saying on Friday, urging the government to improve anti-graft efforts.

“There are risks of going backwards,” Lipton told online newspaper Ukrainska Pravda in an interview during a visit to Kiev to meet Ukrainian authorities.

“We certainly agree that the creation of an anti-corruption court is an important next step. We encourage the government to do that.”

Reporting by Alessandra Prentice; Editing by Alison Williams

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