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Ukraine hoping for $35 billion in financial assistance

Feb. 24, 2014 11:18
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Ukraine's Finance Ministry and National Bank, along with parliamentary speaker Oleksandr Turchynov, have suggested to the country's international partners - particularly Poland and the United States - that a financial assistance credit of around $35 billion be extended in the next week or two.
Photo by AFP

Ukraine's Finance Ministry and National Bank, along with parliamentary speaker Oleksandr Turchynov, have suggested to the country's international partners - particularly Poland and the United States - that a financial assistance credit of around $35 billion be extended in the next week or two. 

"During the last two days we have had consultations and meetings with ambassadors from the EU, USA, other countries, and financial organization over Ukraine getting urgent macro-financial aid," acting Finance Minister Yuriy Kolobov said in a statement issued on Monday, Feb.24.

Kyiv is also proposing that there be a large international donors conference involving the European Union, the United States, Poland, the IMF, other countries, and international financial organizations on the extension of aid for modernization and reforms in Ukraine, as well as achieving an association agreement between the country and the EU. 

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