Ukraine PM says $37 billion went missing under Yanukovich


  • World
  • Friday, 28 Feb 2014

KIEV (Reuters) - Ukraine's new prime minister said on Thursday loans worth $37 billion (22 billion pounds) had gone missing from state coffers during ousted President Viktor Yanukovich's rule, and warned that unpopular measures were needed to salvage the economy.

With the hryvnia currency in freefall and concerns about the low level of foreign currency reserves growing, Arseny Yatseniuk said the country urgently needed loans from the International Monetary Fund, which is visiting Kiev next week.

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