Economy

Bloomberg: IMF exploring $16bn multi-year loan to Ukraine

The International Monetary Fund is mulling a $16 billion loan to Ukraine.

Bloomberg: IMF exploring $16bn multi-year loan to Ukraine
Фото: Natalia Seliverstova / RIA Novosti

This is reported by Bloomberg, citing its own sources. It is noted that the allocation of a multi-year loan of $14 to $16 billion is expected, but the amount will be broken down into parts.

However, the success of this venture depends on many components. The allocation of such a loan must be approved by the G7 countries, as well as donors and creditors of Ukraine.

It will also require changes to the IMF's lending terms to implement this plan.

Author: Наталья Чудесатова

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