World Bank could issue $800 m to Ukraine if cooperation with IMF renewed, says economy ministry:
"The World Bank could issue systemic loans to finance the national budget worth a total of $800 million to Ukraine if the country renews cooperation with the International Monetary Fund (IMF), according to the Web site of the Ministry of Economic Development and Trade.
According to the report, World Bank Director for Belarus, Ukraine and Moldova Qimiao Fan said this at a meeting with Economic Development and Trade Minister Ihor Prasolov.
According to Prasolov, the government intends to continue its dialogue with the IMF about the beginning of a new Stand-By Arrangement, and is counting on the support of the World Bank in preparing new systemic projects to finance the national budget and implement structural reforms."
'via Blog this'
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