IMF wants ‘economic stabilisation’ in Ukraine
The IMF has agreed to pump $10 billion into Ukraine’s troubled economy over the next year. |||
Washington – The International Monetary Fund has agreed to pump $10 billion into Ukraine’s troubled economy over the next year, providing swift assistance for the country’s struggling finances as part of a larger four-year bailout. The IMF board on Wednesday approved a loan of $17.5 billion, with the bulk of the money heading out the door fast: $5 billion likely by the end of this week and another $5 billion in coming months, IMF officials said. That will be …read more
Source: Independent Online
