IMF approves $1.7 billion loan disbursement for UkraineStaff writer ▼ | July 6, 2015
The International Monetary Fund (IMF) has reached an agreement with the Ukrainian authorities on policies needed for the lender to disburse $1.7 billion under a loan program.
Loan Lending-into-Arrears Policy
Last month, the IMF said in a statement that it can lend to Ukraine in accordance with its Lending-into-Arrears Policy, in the event that Ukraine can't reach debt restructuring settlement with private creditors and cannot service its debt. ■