Ukraine's Parliament Dismisses Umansky, but Finance Minister Position Remains Vacant

The Ukrainian legislature has dismissed the Minister of Finance of Ukraine Ihor Umansky with 249 MPs voting in favor.

Umansky spent less than a month at the Ministry of Finance.

In the meantime, he has been able to prepare changes to the state budget set to combat the spread of the SARS-CoV-2 coronavirus, which proposes to reduce government spending on a range of programs, reduce budget revenues by 123 billion hryvnias ($4.4 billion) and create a fund to fight coronavirus by 97 billion hryvnias ($3.5 billion).

READ MORE: Ukrainian Parliament Registers Bills to Dismiss Health Minister Yemets, Finance Minister Umansky

Instead of Umansky, Serhiy Marchenko was proposed by Prime Minister Denys Shmyhal to lead the Finance Ministry. However, there were not enough votes for Marchenko's appointment. Only 223 deputies out of 226 required voted for the proposal.