KIEV, Ukraine (AP) — International Monetary Fund chief Christine Lagarde has told Ukraine’s president that she was impressed with the progress his government has made toward stabilizing the Ukrainian economy.Lagarde was in Kiev before a visit by an IMF mission to assess whether Ukraine has met the necessary conditions to receive the third installment of a four-year $17.5 billion loan.She told President Petro Poroshenko on Sunday she was impressed by how much his government had achieved in just several months.The IMF projects that Ukraine’s economy will contract by 9 percent this year, but this actually suggests signs of stabilization, given …read more
Source: Business Insider
