Ukraine to receive $16.4bn loan from IMF

To bolster Ukraine economy, which has shaken enough due to global financial turmoil, The International Monetary Fund (IMF) has approved a $ 16.4bn loan. IMF announced that $4.5bn would be immediately available as part of the two-year package. Banking recapitalization, fiscal and incomes policy adjustments, and monetary and exchange rate policy shifts have been included Read more