Ukrainian adviser says new, $5bn IMF loan would reassure other creditors
newscatcher
2022-08-12 19:30
Ukrainian adviser says new, $5bn IMF loan would reassure other creditors
KYIV: Securing a new $5 billion loan from the IMF would help assure Ukraine's other creditors that the war-torn country's macroeconomic situation was under control, President Volodymyr Zelenskiy's chief economic adviser told Reuters on Friday. Fresh financing from the International Monetary Fund for around 18 months could serve as the anchor for a larger package of $15 billion-$20 billion to help Ukraine weather the economic crisis caused by Russia's invasion, the adviser, Oleg Ustenko, said. He said Ukrainian officials were in touch with the global lender about the potential request, adding that the goal should be to move forward as quickly as possible.

https://www.brecorder.com/news/40191304

#brecorder
Hide Comments Comments (0)

You must login before you can post a comment.