Ukraine’s parliament approved next year’s budget as it seeks to clear the way for the government to receive delayed funds from a $17.5 billion bailout to help the economy recover from recession.
The budget, a compromise between lawmakers and the cabinet, was passed by 263 votes in the 450-seat legislature. It envisages a shortfall of 3.7 percent of gross domestic product, in line with demands set out by the International Monetary Fund.
