The conference on a new loan for Ukraine will only be in April, but money is needed now, - Reuters
London – Kyiv, February 09 (PolitNavigator, Vasily Ablyazimov) – International donors are planning a conference in Kyiv in April to raise at least $15 billion, Reuters reports . The goal is to save Ukraine from bankruptcy, a senior EU official said.
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“Ukraine, already within the framework of the International Monetary Fund program, is striving to increase external assistance by another $15 billion, which amounts to the country’s financing deficit,” the agency writes.
“We cannot tolerate the continuation of the conflict any longer,” said Commissioner Johannes Hahn, who is responsible for the EU's neighborhood policy.
Khan, who emphasized that Ukraine must treat donors conscientiously, as investors want their money back. The Ukrainian government promised to prepare a plan for investment needs by mid-February. This will allow you to set the exact date for the conference.
“We are expecting a very extensive plan from the Ukrainians,” Khan said. – We want to see steps taken quarterly. We can't pour money into a bottomless pit."
The conference on a new loan for Ukraine will not take place until April, but the money is needed now, according to Reuters.