Ukraine and a team from the International Monetary Fund could reach an agreement on further financial aid for the country’s war-battered economy in the next 48 hours, even though talks are proving tough, its prime minister said Wednesday.
The ex-Soviet republic, which is on the brink of bankruptcy after a year of political upheaval and war, is in talks with a visiting IMF team that it hopes will lead to a bigger, longer-term funding plan than its current $17 billion program.
Prime Minister Arseny Yatseniuk made clear the IMF team, which arrived in Kyiv on Jan. 8, was pressing hard for implementation …read more
Source: Voice of America