Ukraine in talks with IMF for $15-20 billion loan package - finance minister


  • World
  • Tuesday, 25 Mar 2014

KIEV (Reuters) - Ukraine, its economy seriously weakened by months of political turmoil and mismanagement, is negotiating with the International Monetary Fund for a loan package of $15-20 billion, its finance minister said on Tuesday.

The minister, Oleksander Shlapak, speaking to reporters before a government meeting, said the ministry foresaw continued slowdown and stagnation in the economy with it contracting by 3 per cent in 2014.

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