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International Monetary Fund approves $15 billion loan for Ukraine

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July 29, 2010, 5:52 a.m. | Ukraine — by Staff reports
The Executive Board of the International Monetary Fund (IMF) today approved a 29-month SDR 10 billion (about US$ 15.15 billion) Stand-By Arrangement for Ukraine in support of the authorities’ economic adjustment and reform program. Read the statement here. Following the Executive Board’s discussion of Ukraine, Mr. Lipksy, First Deputy Managing Director and Acting Chair, made the following statement:

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