You're reading: RIA Novosti: Ukraine to seek $15 billion in new IMF loans

Ukraine expects to sign a new cooperation agreement with the International Monetary Fund (IMF) to raise $15 billion in new loans from the international lender, First Deputy Prime Minister Serhiy Arbuzov said on Monday, Jan.14.

“We still want to hold talks on the sums and conditions fixed in the previous [IMF] memorandum. This amounts to about 10 billion SDRs,” Arbuzov said.

At the current exchange rates, this sum is equal to about $15.4 billion. 

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