You're reading: Bloomberg: Ukraine needs to unblock frozen IMF loans, Poroshenko says

Ukraine needs to unblock loans from the International Monetary Fund to attract more investment and boost economic growth, Economy Minister Petro Poroshenko said.

Ukraine will have to work to improve its business climate to achieve “a brave” 3.9 percent economic growth target this year, Poroshenko said in an interview in Kiev on April 5. The IMF froze its $15.6 billion lending program with Ukraine last March after the government refused to raise domestic natural-gas prices to trim the budget deficit.

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