KYIV, Nov 16 – The key donors of Ukraine – the International Monetary Fund (IMF) and the World Bank – note low effectiveness of the Ukrainian authorities in the fight against corruption.

"We see good and important progress in setting out institutions for tackling investment… Shortcomings in the judicial system and corruption are some of the key reasons why investment is so low in Ukraine. But, so far we see limited results in terms of fighting corruption. So far, no high-level official has been convicted of corruption despite the fact that Ukraine scores very unfavorably in corruption perception in the CIS," Resident Representative of the IMF in Ukraine Goesta Ljungman said at the Fitch Ratings Annual Conference in Kyiv on Thursday.