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What's a FOP, and why are the IMF and Ukraine fighting over it?
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What's a FOP, and why are the IMF and Ukraine fighting over it?

by Liliane Bivings

Editor's note: A version of this article first appeared in the Ukraine Business Roundup, our weekly newsletter on what's shaping Ukraine's businesses and economy. Sign up here. After months of failing to pass a range of measures needed to unlock billions in stalled donor funding, Ukraine’s parliament made a small dent in the long list of reforms this week. But there was one piece of regulation conspicuously absent from the agenda. As part of a new $8.1 billion International Monetary Fund loan

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Ukraine war latest: Russian drilling platforms hit in Caspian Sea, Kyiv says

Key developments on April 10: * Russian drilling platforms in Caspian Sea struck, Ukraine's military says * Russia wants to capture Pokrovsk, other key Donetsk Oblast towns by end of April, Zelensky says * Zelensky says unnamed 'partners' asked Ukraine not to attack Russian oil refineries * 'Wars are not won without people,' Budanov says of Ukraine's mobilization crisis * Russian-recruited hitman caught 'red-handed' attempting to assassinate Ukrainian Navy officer, SBU says Ukrainian forc

What's a FOP, and why are the IMF and Ukraine fighting over it?

Editor's note: A version of this article first appeared in the Ukraine Business Roundup, our weekly newsletter on what's shaping Ukraine's businesses and economy. Sign up here. After months of failing to pass a range of measures needed to unlock billions in stalled donor funding, Ukraine’s parliament made a small dent in the long list of reforms this week. But there was one piece of regulation conspicuously absent from the agenda. As part of a new $8.1 billion International Monetary Fund loan

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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Editor’s Note: In accordance with the security protocols of the Ukrainian military, soldiers featured in this story are identified by first name and call sign only. ZAPORIZHZHIA OBLAST – For tonight's clearing mission on the cold windy steppe of southern Ukraine, the munition of choice is the Spear. In a cramped dugout less than eight kilometers from Russian forces, Ukrainian soldiers prepare the bombs, taping wires and tail fins onto long tubes of black steel fitted with menacing iron spikes

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