Ukraine could borrow more if IMF reforms passed - U.S.


  • World
  • Wednesday, 05 Mar 2014

WASHINGTON (Reuters) - Ukraine would be able to borrow more money in the midst of its current crisis if U.S. lawmakers sign off on a measure to increase the International Monetary Fund's financial power, U.S. officials said on Tuesday.

The IMF legislation would double the fund's resources and give countries in crisis, such as Ukraine, access to a bigger pool of potential aid.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Death toll from strikes on eastern Congo camps rises to 18
African experts highlight soil degradation, climate impacts on crop yields
Brazil floods death toll rises to 90, dozens still stranded
Ethiopia earns 835 mln USD from coffee export in 9 months
Floods death toll in Kenya rises to 238 as heavy rains continue
African Union launches strategy to combat desertification
Zimbabwean finance minister urges market adoption of new currency ZiG
Trump seeks records about evidence handling in latest bid to delay documents case
German exports shrink by 1.1 pct in Q1
Bangladesh's forex reserves reach nearly 20 bln USD in April

Others Also Read