MOSCOW (Reuters) - The International Monetary Fund said on Friday it was concerned by a debate in the Ukrainian parliament that effectively amounted to a rejection of the government's proposal for a new tax code and budget for 2016.
"Approval of a budget consistent with the program objective of reducing the general government deficit to 3.7 percent of GDP is a key condition for the completion of the (IMF aid) program," David Lipton, the IMF's first deputy director said in a statement.
"Approval of a budget that deviates from program objectives for 2016 and the medium-term will interrupt the program and inevitably disrupt the associated international financing."
(Reporting by Lidia Kelly; Editing by Andrew Osborn)
