Agence France Presse: IMF lowers bar for Ukraine
Ukraine has been seeking the next installment of 3.8 billion dollars from its IMF standby loan.

Agence France Presse: IMF lowers bar for Ukraine

Dec 31, 2009 at 10:14
The International Monetary Fund said Wednesday it had eased loan criteria for Ukraine to allow the government to use international reserves to meet its debts, including gas payments.Ukraine, which has been hammered by the global financial and economic crises, was granted its request for a modification of its 16.4-billion-dollar standby arrangement, the IMF said in a statement. Read the entire article here.