Ukraine should seek this fall a new IMF support program of up to $10 billion and lasting up to four years, Dmytro Sologub, a deputy governor of the National Bank of Ukraine, tells FinancialObserver.eu website. An IMF deal would reassure investors and unlock as much as $1 billion a year in World Bank and EU aid, he says. The major financial obstacle ahead, he says, is cleaning up the mountain of nonperforming loans at the state-held banks.
Ukraine should seek this fall a new IMF support program of up to $10 billion and lasting up to four years,
