IMF mission to resume talks on new Ukraine loan deal


Reuters | Kyiv | Updated: 12-11-2019 20:05 IST | Created: 12-11-2019 19:59 IST
IMF mission to resume talks on new Ukraine loan deal
Representative Image Image Credit: ANI
  • Country:
  • Ukraine

A visiting International Monetary Fund mission will resume negotiations on a new loan program for Ukraine on Thursday, it said in a statement. Ukraine and the IMF have been in talks on a new program to replace a $3.9 billion stand-by arrangement that expires in January.

Ukraine must satisfy the Fund on issues such as the central bank's independence and the future of PrivatBank, the country's largest lender, which was nationalized against the wishes of its owners in 2016.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback