Ukraine may need bigger bailout if conflict continues in 2015 - IMF


  • World
  • Wednesday, 03 Sep 2014

WASHINGTON (Reuters) - Ukraine may need as much as $19 billion in additional funds from donors if its conflict with pro-Russian separatists continues during 2015, the International Monetary Fund warned on Tuesday.

Even under Kiev's current $17 billion IMF bailout, the Fund said Ukraine will not be able to meet all of its targets due to the ongoing fighting and an intensified gas dispute with Russia, which supplies the bulk of Ukraine's natural gas needs.

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