: :inin Kyiv (EET)

Why Ukraine Needs the IMF

Just after the May holidays, a mission from the International Monetary Fund (IMF) plans to visit Ukraine from May 10-18. The Ukrainian government and the informed public pay great attention to this event, and rightly so. Ukraine is likely to obtain a much delayed credit of $1.7 billion by mid-June. The beauty of the IMF is speed, competence, simplicity, and wealth.On March 11, 2015, the IMF offered Ukraine a four-year credit of no less than $17.5 billion. A first tranche of $5 billion was disbursed instantly, and a second tranche of $1.7 billion followed somewhat delayed, but then a long …read more

Source: Atlantic Council

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