Ukraine secured a new $3.9 billion, 14-month stand-by aid agreement with the International Monetary Fund

Monday, October 22, 2018
Ukraine secured a new $3.9 billion, 14-month stand-by aid agreement with the International Monetary Fund

Ukraine secured a new $3.9 billion, 14-month stand-by aid agreement with the International Monetary Fund on Friday. The IMF announced the deal hours after Prime Minister Groysman announced that household gas prices would go up by 23.5% on Nov. 1. Alluding to Presidential and Parliamentary elections scheduled for next year, the IMF said the deal “will provide an anchor for the authorities’ economic policies during 2019.”

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