KIEV, April 5 – Independent supervisory boards in 15 largest Ukrainian state owned enterprises (SOEs) will be appointed by the end of June, according to a memorandum between the government and the International Monetary Fund.

The development is watched and pushed for by international organizations as a measure that would reduce corruption in the government.

The Cabinet pledged to adopt decisions regulating the establishment of supervisory boards after the SOE corporate governance law is approved by Parliament.