You're reading: Ukraine sends loan request to IMF, expects decision within ten days

The Ukrainian government has sent a loan request to the International Monetary Fund (IMF) and hopes to get an answer by the end of the month, Ukrainian Prime Minister Arseniy Yatseniuk has said.

“I hope that by the end of this month the International Monetary Fund
will consider our request and make a respective decision… We will learn
it within the next ten days,” he said, while opening a Cabinet of
Ministers meeting on Wednesday.

He said that late on April 22 the government prepared an address to
the IMF requesting the provision of a loan and the resumption of the
program that will help stabilize the economic situation in Ukraine.

Yatseniuk asked Finance Minister Oleksandr Shlapak whether this
address had already been sent, and the finance minister said: “We sent
the documents late at night yesterday, and Washington got them. Our
mission prepared the entire necessary package… and handed it to the
management.”