Ukraine expects the International Monetary Fund to disburse new and overdue loans after a visit next month and still hopes a $17 billion bailout program can be expanded, its central bank chief said on Tuesday.
Valeria Hontareva declined to give a value for the payment, even when pressed by journalists, but it is likely to total more than $4 billion.
With its economy pushed close to bankruptcy by a separatist war in the east and costly energy imports from Russia, Ukraine hustled through an austerity budget on Monday which it hopes will impress the Fund when a mission visits Kyiv from January …read more
Source: Voice of America
