Ukraine Says Finalised Talks With IMF On 2021 Budget
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"Where NATO faced one big threat in the Cold War ... today it faces two systemic rivals, the enduring threat of terrorism, instability along NATO's southern periphery," the report by a group of experts said, referring to China and Russia.
"The parameters of the 2021 budget coincide with the assessments of the Fund's specialists, which was important for the continuation of successful cooperation between Ukraine and the IMF," the ministry said in a statement.
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KYIV, Nov 26 (Reuters) - Ukraine's finance ministry has successfully finalised talks with the International Monetary Fund on the draft of the 2021 budget, it said on Thursday, a key condition for starting talks with the multilateral lender on the next tranche.
BRUSSELS, Dec 1 (Reuters) - NATO must significantly broaden its scope to help deal with climate change, future pandemics and terrorism while focusing on new security threats from China, a new high-level report commissioned by the military alliance said on Tuesday.
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Seen by some as a Cold War relic until Russia's 2014 annexation of Crimea, the North Atlantic Treaty Organisation found new purpose in its military modernisation but now needs to "play a larger part in an international order", said the 67-page report that was presented to NATO foreign ministers.
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NATO leaders could also hold summits with European Union leaders, give the secretary general more power over personnel and budgets and have more regular meetings, possibly involving interior or finance portfolios.
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Commissioned amid doubts about the purpose and relevance of an alliance branded as "brain dead" last year by French President Emmanuel Macron, the report also cited the need for NATO to help against militant attacks, develop a strategy for its southern flank and be more prepared for technological changes.
The report, which will be presented to NATO leaders at a planned summit next year, also seeks to address strains between allies who have held up decision-making, such as Turkey and Hungary, although it does not mention them by name.
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Ukraine secured a $5 billion loan deal with the IMF in June to fight a sharp economic slowdown. But the IMF has postponed its mission to Kyiv while waiting for clear signals that the authorities will continue reforms.
