Ukraine can access another USD500 million in World Bank loan to carry out economic reforms. “The measures taken by the government under the (development policy loan) series are important signals of Ukraine’s commitment to economic reform at a time of severe economic difficulties,” according to Martin Raiser, World Bank country director for Ukraine, Belarus and Moldova. “But clearly more efforts are required going forward to implement commitments already made, improve policy coordination, and deepen structural and financial sector reforms.” (“World Bank approves USD500 million for Ukraine” - Thomson Reuters, Dec. 22, 2008)