Senate Ukraine Aid Bill Will Not Include IMF Changes

Article source
The Washington Post

Senate Democrats will remove provisions from a proposed aid package for Ukraine that would change how the United States provides money for the International Monetary Fund in order to ensure quicker passage of the measure, Senate Majority Leader Harry M. Reid (D-Nev.) said Tuesday.

The decision caps more than a week of disagreement between Democrats and Republicans over whether to use an aid package for the new Ukrainian government to also make changes sought by the White House that would shift about $63 billion in IMF money from a crisis fund to a general account. Doing so would make good on a 2010 pledge by the Obama administration and ensure greater U.S. influence over the world body, according to supporters.

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