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prime minister of the military-industrial complex, said Oleksandr Korniyenko, the deputy head of The People’s Servant parliamentary faction, as reported by the pravda.com.ua news site.
The vote to replace Prosecutor General Ruslan Riaboshapka, also expected on March 4, has been rescheduled for a special session today. A parliamentary committee submitted a no confidence resolution for Riaboshapka for review.
Another special session could be held next week to approve the remaining officials.
As we expected, Prystaiko will remain active in Ukrainian foreign policy. Apparently however, President Zelenskiy prefers to keep him away from issues involving the war in Donbas, a topic that he had very vocal about during his six-month tenure, having actively proposed alternatives to the Minsk Accords that drew harsh criticism from the Russians.
Instead, the new foreign minister Dmytro Kuleba likely agreed to remain in the background while Andriy Yermak, the head of the President's Office, takes the lead in talks to resolve the war.
It will be interesting to see if the Zelenskiy administration continues to actively propose alternatives to the Minsk Accords to resolve the war in Donbas.
Mylovanov would have been the natural choice to lead this autumn’s scheduled launch of the farmland market as minister of a rejuvenated agrarian ministry. We view his remarks about “conceptual and multilayered changes,” away from his commitment to free markets and minimum government interference, as hinting at the Zelenskiy administration deciding to retreat from its ambitious plans to launch the farmland market this year. With the overall political and economic situation so dismal, we believe key officials may have decided to retreat from such an unpopular policy (with the farmland market being opposed by more than 70% of the public). This policy, along with an additional natural gas bill, is among the key factors behind the president’s falling support.
Though we had pointed out that Umanskiy once worked closely with Yulia Tymoshenko when she was prime minister, it’s more relevant that he served as an adviser to former President Poroshenko in 2016-2019. He is widely recognized as having close ties to the Poroshenko entourage, and his candidacy was advocated by the relatively independent Andriy Yermak, as reported by the dt.ua news site.
2.3 Ukraine shut out of international capital market, possible debt crisis looming
The yield on Ukraine 2028 dollar denominated Eurobonds surged 147bps to 10.91% effectively shutting the country out of the international capital markets on March 12 as it faces more than $5bn of debt repayments this year.
“Effectively, Ukraine is now excluded from international finance. It took President Zelenskiyy one day (March 4) to undo the macroeconomic
7 UKRAINE Country Report April 2018 www.intellinews.com