Good news for Ukraine: IMF money, non-lethal aid coming

Written by on March 11, 2015 in Europe - Comments Off on Good news for Ukraine: IMF money, non-lethal aid coming

March 11 was a day of good news for Ukraine with the International Monetary Fund approving a $17.5 billion assistance programme and the US deciding to send military equipment to fight the Russian troops in the Donbas.

For a country in a de facto state of war that also faces a deep economic crisis, this is very essential.

The IMF board finally approved a $17.5 billion four-year loan under the Extended Fund Facility, of which Ukraine’s $5 billion will come front-loaded.

For the full story, please visit The Kyiv Post.

(Photo: Patrick Houette)

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