business in brief

Ukraine Seeks US $ 5 bn IMF Loan

01.04.2010 |

Ukrainian government expects that the volume of fourth tranche the International Monetary Fund is to provide within the Stand-by Arrangement loan will be US $ 5 bn, first deputy head of the Presidential Administration Iryna Akimova told the press.

This is a preliminary figure, she said. IMF experts make their own estimations as to Ukraine´s needs of finance and pass a final decision on this matter, she said.

If parliament passes the national budget for 2010 in April the Fund may take a positive decision for the fourth tranche before June.

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