Posts Tagged ‘financially stretched government’
Ukraine’s Plea for $2bn Loan Refused by IMF
Saturday, January 2, 2010 8:09 No CommentsThe IMF has turned down recession-battered Ukraine’s plea for a $2bn emergency loan before next year, a senior Ukrainian official said, citing his country’s failure to adopt a fiscally prudent 2010 budget and muster political consensus before the presidential election.
But officials said the financially stretched government had other options that might allow it to get [...]
