Tuesday 14 October 2014

UPDATE 1-Ukraine finance minister sees no need for more IMF funds | Reuters

UPDATE 1-Ukraine finance minister sees no need for more IMF funds | Reuters:



"Ukraine will not need a new International Monetary Fund financing program unless its conflict with pro-Russian separatists worsens significantly, Finance Minister Oleksander Shlapak said on Monday.



In an interview with a small group of reporters, Shlapak said the IMF's current $27 billion international financial lifeline was adequate for now and flatly ruled out a restructuring of the nation's debts, which some analysts have said may be needed to avoid a default.



"When it comes to our sovereign obligations, we don't have such a need (for new financial assistance), neither this year nor next," Shlapak said."



'via Blog this'

No comments:

Post a Comment