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The Editors

Ukraine Needs the IMF's Tough Love

If Kiev fails to reform, the fund should be ready to carry through its threat to cut aid.
It'll be good for you.

It'll be good for you.


The International Monetary Fund has threatened to cut off aid to Ukraine unless the government finally cracks down on corruption. It’s the right message, and the fund should be prepared to follow through if President Petro Poroshenko fails to deliver.

Make no mistake: This would be a devastating blow for a country still struggling with a Russia-inspired insurgency in its eastern provinces. The IMF-led $40 billion aid program is keeping Ukraine’s economy alive, if just barely.