Ukraine to Receive USD3.4B IMF Assistance

The International Monetary Fund is expected to release USD3.4 billion for Ukraine. The loan will be used to help sustain the country's economy by cushioning the effects of the global credit crisis and covering some of the country's budget deficit,

reports.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.