IMF Says Ukraine Fails to Meet Conditions of the April 30th 2014 $17 Billion Loan
The IMF has concluded that it was too optimistic when loaning Ukraine $17 billion at the end of April,
and that the Ukrainian Government’s economic condition is far worse
than the IMF expected, and also that the Government’s anti-corruption
program is too weak to justify the planned loan-installments or
“tranches” going to Ukraine. Therefore, “even providing the program of
the next two tranches is open to question.”
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