The IMF is concerned about the situation in the Verkhovna Rada and is demanding that the laws needed for loans be passed by the end of March, Bloomberg reports

The International Monetary Fund is concerned about the situation in the Ukrainian parliament and is giving time until the end of March to pass laws — including on tax increases — that are needed to continue lending under an $8.1 billion program.

This was reported by Bloomberg.

Ukraine has already received $1.5 billion under the new program, but parliament has not considered some key initiatives, creating a risk that the program could be blocked.

The outlet writes that MPs are not voting “as an act of defiance against President Volodymyr Zelensky, which could lead to paralysis of parliament’s work.”

“I can say that I am concerned,” said the IMF’s resident representative in Ukraine, Priscilla Toffano.

IMF staff led by mission chief Gavin Gray will begin meeting with MPs starting tomorrow.

Recall that Zelensky even threatened to send members of parliament to the front if they did not vote as needed.

However, later the Rada said the president had been misunderstood: he did not threaten MPs with mobilization because of the low effectiveness of voting, but only agreed on the need for legislative changes so that MPs who wish to could serve.