IMF rejects Poroshenko’s legislation to create anti-corruption court



16 січня 2018 года
Конкорд Капитал

The IMF doesn't support the president’s legislation submitted to parliament to create the High Anti-Corruption Court because it violates Ukraine’s obligations to its international partners, IMF Mission to Ukraine Head Ron van Rooden wrote in a letter dated Jan. 11. The letter was directed to the Presidential Administration head and top officials and was published by the eurointegration.com.ua news site on Jan. 15. The president’s bill “was expected to be a positive step” towards reforms, the letter said. However, IMF officials have “serious concerns” given that “several provisions are not consistent with the authorities’ commitments under Ukraine’s IMF-sponsored program and the recommendations of the Venice Commission of the Council of Europe,” the letter said.



Among them, provisions related to the selection process, eligibility requirements, and security are not conducive” to the court’s independence and the transparent appointment of judges. The IMF stands ready to assist the Presidential Administration in revising the bill in line with MF commitment and Venice Commission recommendations, the letter said.



Following the letter’s publication, Finance Ministry Oleksandr Danylyuk said the IMF expects amendments to the legislation before its approval in the second reading. During his meetings in Washington last week, “the IMF made several proposals to the corresponding bill and expects that they will be reviewed and considered by parliament in the document’s preparation for its second reading,” Danylyuk said through his press service, as reported by the Interfax-Ukraine news agency.



Zenon Zawada: The Presidential Administration is eager to get its bill approved in the first reading, which would make the other submitted drafts less relevant and less likely to be approved. We expect a long process of getting the final draft approved, which will have to be some kind of a compromise between IMF demands and the goals of Ukraine’s ruling elite.



We expect the legislation to create the court will be approved in the coming months. Poroshenko’s failure to do so will be a valuable argument for his rivals in the presidential elections, scheduled for March 2019. More importantly, it's a key requirement to secure the next IMF loan tranche this year, which is vital for Ukraine.

Источник: Конкорд Капитал



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