Ukraine to get $40 billion, including $17.5 billion from IMF - Lagarde


  • World
  • Thursday, 12 Feb 2015

BRUSSELS (Reuters) - Ukraine is set to receive about $40 billion (£26.2 billion) in funding over the next four years, nearly half of which will come from the International Monetary Fund, IMF chief Christine Lagarde said in Brussels as talks on the Ukraine conflict resumed in Minsk.

The ex-Soviet republic is on the brink of bankruptcy after a year of political upheaval and war and was hoping to clinch a deal with the IMF to unlock the wider financing package.

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