07.07.2015 - 00:57 [ Post ]

IMF approves $1.7 billion loan disbursement for Ukraine

The International Monetary Fund (IMF) has reached an agreement with the Ukrainian authorities on policies needed for the lender to disburse $1.7 billion under a loan program.(…)
Last month, the IMF said in a statement that it can lend to Ukraine in accordance with its Lending-into-Arrears Policy, in the event that Ukraine can‘t reach debt restructuring settlement with private creditors and cannot service its debt.