Popular News From Popular Sites: Factbox: Ukraine wins IMF deal; faces $9 billion in debt payments this year

Thursday, May 1, 2014

Factbox: Ukraine wins IMF deal; faces $9 billion in debt payments this year

The International Monetary Fund's board has signed off on a $17 billion bailout for Ukraine to boost the former Soviet state's failing economy, weakened by months of upheaval and a stand-off with Moscow that has triggered the worst East-West crisis since the Cold War. Ukraine desperately needs to increase revenues to try to meet its foreign currency debt obligations, and the first disbursement of $3.2 billion to Kiev will help it meet immediate payments. Below is a list of what Ukraine needs to pay and what it expects to receive in credits this year. Read More http://ift.tt/1u82U4G

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