IMF Pushes Kyiv on Transparency After Ukrenergo Chief Ouster.

The International Monetary Fund (IMF) has urged the Ukrainian government to adhere to corporate standards following the dismissal of the CEO of Ukrenergo, the country's power grid. The IMF negotiators have called on Kyiv to appoint a CEO and supervisory board that align with corporate reform obligations. The dismissal of the CEO has sparked complaints from donors and led to the resignation of two independent board members. The Group of Seven nations has also called for a transparent process to fill the vacancies on the Ukrenergo supervisory board. The IMF is currently in talks with Ukraine to negotiate the next installment of a $15.6 billion loan program, but tensions have arisen over various issues, including concerns about the depreciation of the hryvnia and tight monetary policy. [Extracted from the article]