Ukraine could receive up to USD 14 bln loan from IMF
17 October 2008
The International Monetary Fund is ready to grant from a USD 3 to 14 bln loan to Ukraine to stabilize the country’s financial situation, Ukrainian Prime Minister Yulia Tymoshenko said at a press conference yesterday. Andrii Parkhomenko: In the context of the global liquidity squeeze, the IMF loan is probably among the cheapest methods for the government to attract stopgap funds. For a more detailed analysis of Ukraine’s ability to withstand the current financial crisis, look for a note later today.
