Zelensky: Default looming if Ukraine's parliament fails to pass two «vital bills» .

The president says this is now lawmakers' responsibility.

Zelensky says two bills need to be passed to secure support from donors / Photo from UNIAN

Zelensky says two bills need to be passed to secure support from donors / Photo from UNIAN

Ukrainian President Volodymyr Zelensky says there is default looming if Ukraine's parliament fails to pass two important bills.

"I would also like to speak about the special session of the Verkhovna Rada of Ukraine, which is to take place tomorrow [March 30]," he said in a televised address on Sunday evening. "Our country has, in fact, found itself at a crossroads due to coronavirus, and has two paths. The first one is the adoption of two vital [draft] laws. After that, we will receive support from our international financial partners in the amount of at least US$10 billion. This is needed to stabilize the country's economy and overcome the crisis."

Read alsoOption of default off the table – Zelensky's spox

"Otherwise, there is the second path: a failure of these laws leading to the economic downturn and even the threat of default," he said.

According to him, the Office of the President and the Cabinet of Ministers have done their utmost in the past weeks. "And we did that – we agreed on financial support for Ukraine. We and the government have chosen our path. Now it is your turn, dear MPs. Tomorrow, the responsibility is yours," he said.

"Tomorrow, the people of Ukraine will see clearly whether you are ready to defend their interests. And though tomorrow you all will be wearing masks, it will become clear to people who is who. Society will see whether you are servants of the people or servants of others' interests. Be aware of your responsibility. See implications for each of you. Choose the right path tomorrow. You have been chosen by the people of Ukraine. Now it is your turn to choose the people of Ukraine," he said.

As UNIAN reported earlier, a special parliament meeting is scheduled for March 30.

Related news

Egypt announces cease-fire initiative aimed at ending war in Libya.

President Abdel Fattah el-Sissi told a news conference in Cairo that his initiative includes a cease-fire starting Monday and is meant to pave the way for elections in oil-rich Libya.

Ukraine preparing appeal to ICC over persecution of journalists in Russian-occupied Crimea.

Over 20 people from among journalists, bloggers, employees of Ukrainian and foreign media suffered serious violations of their rights.

COMMENTARY: We don’t need and shouldn’t want Trudeau calling out Trump.

It is delusional to think that a public rebuking from Justin Trudeau would convince Trump that he needs to change course, Rob Breakenridge says.

1 2496

Joe Biden officially clinches Democratic presidential nomination.

Biden reached the threshold three days after the primaries because several states, overwhelmed by huge increases in mail ballots, took days to tabulate results.

Brazil president threatens to exit WHO as coronavirus death toll rises.

With more than 34,000 lives lost, the pandemic has killed more people in Brazil than anywhere outside of the United States and United Kingdom.

1 180

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies