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                IMF Agrees to $17.5 Billion Bailout for Ukraine

   by VOA News

   The International Monetary Fund has agreed on a new $17.5 billion
   bailout deal for Ukraine to help stabilize the country's finances.

   The four-year deal could include as much as $40 billion in funding when
   combined with money from other lenders, IMF chief Christine Lagarde
   said.

   Ukraine's cash-strapped government struggled for financial help even
   before a nearly year-long conflict began along its eastern border with
   Russia.

   Prime Minister Arseniy Yatsenyuk said Thursday the government would
   carry out necessary reforms, including cutting spending. He said if the
   reforms are successful and the conflict ends, then Ukraine's economy
   will grow next year.
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   [1]http://www.voanews.com/content/imf-agrees-to-bailout-for-ukraine/264
   0011.html

References

   1. http://www.voanews.com/content/imf-agrees-to-bailout-for-ukraine/2640011.html