Friday, February 28, 2014

Ukraine's acting PM vows to comply with IMF conditions

Ukraine’s acting Prime Minister Arseny Yatsenyuk said on Friday he is determined to comply with conditions set by the International Monetary Fund in exchange for loans.

An IMF mission is due in Kiev next week for talks with Ukraine’s de-facto leaders, who have said the heavily indebted country needs at least 35 billion US dollars to stave off bankruptcy. Yatsenyuk said "clear steps" to provide Ukraine with financial aid are now being prepared.



He said he hoped infusions of aid would begin in the "near future" and said the government would call on the central bank to begin a large-sale lending program once the situation is stabilized.

http://english.cntv.cn/program/newsupdate/20140228/105003.shtml
28/2/14
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