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Ukrainian American Bar Association

IMF Announces Ukraine Rescue Visit

12 Dec 2014 5:20 PM | Anonymous

KIEV: The International Monetary Fund (IMF) said on Saturday it would dispatch a team to Ukraine to determine how much extra aid the war-wrecked and energy-starved nation will need to make it through winter. The nine-day visit due to start on Tuesday comes as Ukraine suffers rolling blackouts and resentment grows over severe IMF-prescribed austerity measures. The Fund has helped piece together a $27-billion (22-billion-euro) global rescue package undefined promising to contribute $17bn of that sum over two years undefined in the weeks that followed the February ouster in Kiev of a Russian-backed president.   DAWN.com.   Read More


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