RSS   Newsletter   Contact   Advertise with us

IMF approves $1.7 billion loan disbursement for Ukraine

Staff 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.
Ukraine factory
Loan   Lending-into-Arrears Policy
The IMF said the agreement is subject to approval by IMF management and the executive board.

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.