: :inin Kyiv (EET)

IMF mulls rule changes to maintain aid to Ukraine


WASHINGTON (AFP) – The International Monetary Fund is considering changing its rules to allow continued aid to Ukraine even if the country defaults on debt owed to Russia, a spokesman said Thursday.Russia has refused to renegotiate $3 billion in debt that cash-short Ukraine is scheduled to repay by the end of the year.But the stalemate between the two sides puts at risk the IMFs $17.5 billion financial rescue of Ukraine agreed in March.Under its current internal rules, the IMF is not allowed to lend money to a country when it is in default on debt to the official sector, such …read more

Source: Dunya TV

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