The loan is dependent on strict economic reforms, including raising taxes and energy prices.
The money will be released over two years, with the first instalment of $3.2bn available immediately.
The head of the IMF, Christine Lagarde, said the IMF would check regularly to ensure the Ukrainian government followed through on its commitments.
In March Ukraine put up gas prices by 50% in an effort to secure the bailout.
The government has also agreed to freeze the minimum wage.
- The bailout had to be approved by the IMF's 24-member board, which includes a Russian representative.
The IMF loan will also unlock further funds worth $15bn from other donors, including the World Bank, EU, Canada and Japan...............http://www.bbc.com/news/business-27233152
1/5/14
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- Le Fonds monétaire international a approuvé mercredi un plan d'aide de 17 milliards de dollars sur deux ans en faveur de l'Ukraine, menacée de banqueroute et fragilisée par une insurrection pro-russe dans l'est du pays.
30/4/14
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Der Internationale Währungsfonds (IWF) greift der krisengeschüttelten Ukraine mit Kredithilfen in Höhe von 17 Milliarden Dollar (12,3 Milliarden Euro) für zwei Jahre unter die Arme.....
ReplyDeleteDas Geld solle helfen, die finanzielle Stabilität des Landes wiederherzustellen und langfristiges Wirtschaftswachstum in Gang zu setzen, teilte der IWF nach einer Entscheidung des Exekutivrats am Mittwoch (Ortszeit)in Washington mit.....http://www.handelsblatt.com/politik/konjunktur/geldpolitik/17-milliarden-dollar-iwf-gibt-ukraine-kredithilfen-gruenes-licht/9830280.html
30/4/14