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IMF warns West may need to boost $17 bn Ukraine rescue

Tuesday, September 2, 2014 12:21
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(Before It's News)

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The International Monetary Fund vowed on Tuesday to stand by Ukraine despite the growing likelihood that a worsening pro-Russian uprising would cripple the economy so badly that its current $17.1-billion (13.0-billion-euro) rescue will prove too small.

The global lender said it was releasing the second $1.39-billion tranche of its lifeline despite “major uncertainties” and on the assumption that the ex-Soviet country's Western allies would be ready to pitch in with extra assistance if asked …. http://www.france24.com




Source: http://luismmx.blogspot.com/2014/09/imf-warns-west-may-need-to-boost-17-bn.html

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