Kyiv will receive UAH 17,5 billion from the IMF over four years “for stabilization”

12.02.2015 10:27
  (Moscow time)
Views: 817
 
Society, Policy, Ukraine, Finance, Economy, Economics of Collapse


Kyiv, February 12 (PolitNavigator, Alexandra Ignatieva) – Prime Minister of Ukraine Arseniy Yatsenyuk said that negotiations with the International Monetary Fund have been formally completed.

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According to him, Ukraine plans to receive financial support in the amount of about 25 billion US dollars. At the same time, it is proposed to adopt a four-year program, within the framework of which $17,5 billion will be received from the IMF to stabilize the financial system of Ukraine.

“The four-year program means that Ukraine will carry out the reforms that are necessary for the country. This is a reform program not for the IMF, but for Ukraine,” Yatsenyuk said.

According to him, a fundamental decision has been made, but formal approval by the IMF is necessary.

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Kyiv to Receive UAH 17,5 Billion from the IMF Over Four Years for "Stabilization"






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