Ukraine appeals to IMF over cost of conflict in east


  • World
  • Wednesday, 25 Jun 2014

KIEV (Reuters) - Ukraine asked the IMF on Wednesday to take into account the extra financial burden of fighting an insurgency in the east as it decides on further disbursement of aid under a $17 billion (10.02 billion pounds) bailout programme.

The ex-Soviet republic received a first tranche of about $3.2 billion from a two-year aid package to shore up depleted foreign currency reserves and support the state budget. An International Monetary Fund mission is now in Kiev to review economic performance before disbursing a second slice of aid.

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