£11.5bn from IMF for Ukraine reform

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Published: Thursday 12th February 2015 by The News Editor

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The International Monetary Fund has agreed to provide Ukraine with 15.5 billion euros (£11.5 billion) to help support economic reforms.

IMF managing director Christine Lagarde said the funding “offers an important opportunity for Ukraine to move its economy forward at a critical moment in the country’s history”.

Ms Largarde said the reform plan “is an ambitious programme, it is a tough programme, and it is not without risk. But it is also a realistic programme and its effective implementation – after consideration and approval by our executive board – can represent a turning point for Ukraine”.

Published: Thursday 12th February 2015 by The News Editor

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