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GAAP.RUNewsUkraine asking for 5 billion more in a stand-by credit from IMF

Ukraine asking for 5 billion more in a stand-by credit from IMF

Publication date: 26 March 2010

Ukraine’s government proposed the International Monetary Fund to grant it $5 billion as its next stand-by credit – informed Irina Akimova, first deputy chair of the presidential administration. “This was the previous number”, - she reminded.

Ukraine has renewed its relations with the International Monetary Fund (IMF) which will allow it to acquire approximately 2 billion more from the World Bank and the European Bank for Reconstruction and Development.