IMF agrees $14-18bn rescue loan for Ukraine March 27, 2014 The International Monetary Fund (IMF) has announced it’s agreed a $14-18bn (£11.6-14.9bn) stand-by deal with Ukraine, which’ll unlock further aid of up to $27bn from the international community over the next two years. "The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform programme that can be supported by [...]
IMF set to hand Ukraine $15bn aid deal March 26, 2014 THE INTERNATIONAL Monetary Fund, led by Christine Lagarde, is expected to offer Ukraine an aid deal worth about $15bn (£9.05bn), the lower end of what the struggling interim government had asked for. The country’s state oil firm also announced plans to hike gas prices for consumers by 50 per cent in May.
IMF backs down from UK criticism as forecast hiked January 21, 2014 THE INTERNATIONAL Monetary Fund (IMF) has flipped its position on the UK economy, confirming a large positive revision to its forecast for this year’s economic growth. Having criticised chancellor George Osborne for “playing with fire” only eight months ago, IMF chief economist Olivier Blanchard said yesterday that the recent recovery is sustainable, explaining the IMF’s [...]