Monday 12 May 2014

Ukraine, EBRD Sign Anti-Corruption Initiative - WSJ.com

Ukraine, EBRD Sign Anti-Corruption Initiative - WSJ.com:



"Ukraine's government has launched an anti-corruption initiative with international organizations, the European Bank for Reconstruction and Development, one of the signatories of the agreement, said Monday.



The Ukraine Anti-corruption Initiative aims to improve the country's investment climate and to strengthen its economic outlook by ensuring greater accountability and transparency, as well as a more effective of rule of law.



Since its appointment in early March, the new government of Ukraine has been promising to fight corruption, which is among the highest in post-Communist countries.



A recent improvement in Ukraine's rankings in the World Bank's Doing Business Survey still leaves the economy at number 112, showing how much more work has to be done to attract much-needed capital and technology, the EBRD said"



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