The IMF has given preliminary agreement to a $5.5 billion, three-year loan program with Ukraine, a boost for President Zelenskiy as he meets Russian President Putin today in Paris for peace and gas talks.

Monday, December 9, 2019
The IMF has given preliminary agreement to a $5.5 billion, three-year loan program with Ukraine, a boost for President Zelenskiy as he meets Russian President Putin today in Paris for peace and gas talks.

The IMF has given preliminary agreement to a $5.5 billion, three-year loan program with Ukraine, a boost for President Zelenskiy as he meets Russian President Putin today in Paris for peace and gas talks. The surprise announcement for Ukraine’s third IMF package since Russia’s 2014 annexation of Crimea, followed a telephone call on Saturday between Zelenskiy and the IMF’s new Managing Director, Kristalina Georgieva.

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Investors welcomed Ukraine’s preliminary deal with the IMF, giving government bonds their biggest daily gain in a year.

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