IMF Approves bn Aid Deal for Ukraine
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IMF Approves $17bn Aid Deal for Ukraine
By Agencies
The International Monetary Fund has approved a $17bn aid deal for Ukraine, even as Kiev fights to prevent pro-Moscow separatists from hiving off another chunk of the country.
The IMF executive board’s green light opens the way for an immediate deployment of $3.2bn to Kiev, which faces deep fiscal problems, compounding its political crisis.
Related Reading:
IMF says Russian economy already in recession, bleeding capital
Despite trying to present a united front, U.S. and Europe still diverge on Russia policies
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