: :inin Kyiv (EET)

Ukraine Urgently Needs ‘Front-Loaded’ Financial Aid Package, says Ukrainian Finance Minister

Jaresko says money will not have desired effect if ‘dribbled out over 12 or 15 months’
Ukraine urgently requires a “front-loaded” financial package from the International Monetary Fund to help its economy recover from the challenges posed by a recession and a war with Russian-backed separatists, according to Ukrainian Finance Minister Natalie Jaresko. “If this money is dribbled out over 12 or 15 months it will not have the effect of increasing confidence substantially in our banking system. A front-loading of whatever sum is available… is critical to getting us off to a good start,” Jaresko said in an Atlantic Council …read more

Source: Atlantic Council

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