The IMF Board approved a new $3.9 billion, 14-month stand-by loan for Ukraine

Wednesday, December 19, 2018
The IMF Board approved a new $3.9 billion, 14-month stand-by loan for Ukraine

The IMF Board approved a new $3.9 billion, 14-month stand-by loan for Ukraine, President Poroshenko wrote on Facebook Tuesday night. The Finance Ministry said the first tranche of $1.4 billion should come by Dec. 25, a new banking holiday here. IMF aid has been frozen for 20 months due to Ukraine’s on-off efforts to implement reforms.

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