Ukraine, IMF reach $5.5 billion aid deal

Ukraine, IMF reach $5.5 billion aid deal

The International Monetary Fund said Saturday it had reached an agreement in principle with Ukraine on a new $5.5 billion, a three-year aid for the war-scarred country. Details of how the money would be used over the plan’s three years weren’t given. The IMF has repeatedly pressed Kiev to attract much-needed investment by addressing pervasive corruption and reducing the power of oligarchs.

Tom A
Tom A
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