Thursday, February 12, 2015

IMF Agrees to $17.5 Billion Bailout for Ukraine

The International Monetary Fund has agreed on a new $17.5 billion bailout deal for Ukraine to help stabilize the country's finances...
The four-year deal could include as much as $40 billion in funding when combined with money from other lenders, IMF chief Christine Lagarde said.

Ukraine's cash-strapped government struggled for financial help even before a nearly year-long conflict began along its eastern border with Russia.

Prime Minister Arseniy Yatsenyuk said Thursday the government would carry out necessary reforms, including cutting spending. He said if the reforms are successful and the conflict ends, then Ukraine's economy will grow next year.
  [voanews.com]
12/2/15
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3 comments :

  1. Lagarde: Ukraine wird im Rahmen der IWF-Unterstützung Reformen unternehmen...

    Die ukrainische Regierung plant eine Reihe von Reformen im Rahmen der IWF-Finanzhilfe, sagte die IWF-Chefin Christine Lagarde bei einer Pressekonferenz.

    Lagarde hat auf die erfolgreiche Beendigung der Verhandlungen zwischen dem IWF und der Ukraine über die Erweiterung des Unterstützungsprogramms für die Ukraine verwiesen. Der gesamte Umfang der Finanzhilfe für die Ukraine aus dem IWF und anderen Quellen könne innerhalb von vier Jahren 40 Milliarden US-Dollar betragen. Der IWF werde rund 17,5 Milliarden Dollar bereitstellen...............http://de.sputniknews.com/politik/20150212/301086517.html#ixzz3RY6R45W7
    12/2/15

    ReplyDelete
  2. The World Bank plans to give $2 billion to Ukraine in 2015 for Kiev’s gas and banking sectors, improving governance and business and to help fight corruption, international financial institution announced in a statement on Thursday.

    “The World Bank is ready to commit up to $2 billion in 2015, supporting the people of Ukraine in the face of current economic, financial, and geopolitical challenges,” the World Bank’s President Jim Yong Kim said in the organization’s statement. “It is vital that Ukraine undertakes comprehensive reforms quickly.”...

    The World Bank’s 2015 program will also include budget support for reforms and investment projects that aim to improve “service delivery” in Kiev’s health and public infrastructure...................http://sputniknews.com/politics/20150212/1018191042.html#ixzz3RZCfyRfQ
    12/2/14

    ReplyDelete
  3. Reuters: Ukraine says expects up to $15 billion from debt talks with creditors...

    Ukraine expects to receive up to $15 billion from debt talks with private sector creditors, a finance ministry spokeswoman said on Feb. 13, after the International Monetary Fund announced a bigger, longer-term bailout plan.
    http://www.kyivpost.com/content/ukraine/reuters-ukraine-says-expects-up-to-15-billion-from-debt-talks-with-creditors-380586.html
    13/2/14

    ReplyDelete

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