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IMF aid conditioned on Ukrainian government’s renewed commitment
- Alston & Bird LLP
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- Ukraine
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- March 3 2009
On Friday, Ms. Ceyla Pazarbasioglu, IMF Mission Chief to Ukraine, held a press conference to discuss the status of Ukraine’s economic program
IMF approves $16.4 billion financing package for Ukraine
- Alston & Bird LLP
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- Ukraine
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- November 6 2008
Yesterday, the Executive Board of the IMF approved a two-year Stand-By Arrangement to provide $16.4 billion in financial aid to Ukraine “to help stabilize the domestic financial system against the backdrop of global deleveraging and a domestic crisis of confidence, and to facilitate adjustment of the economy to a larger terms-of trade shock.”
IMF and Ukraine agree to $16.5 billion financing package
- Alston & Bird LLP
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- Global, Ukraine
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- October 26 2008
Today, the IMF announced a “staff-level agreement” with Ukraine on a $16.5 billion two-year “standby arrangement” to support an economic program that is intended “to help the country meet the balance of payments needs created by the collapse of steel prices, and the global financial turmoil and related difficulties in Ukraine's financial system” and “to support Ukraine's return to economic and financial stability, by addressing financial sector liquidity and solvency problems, by smoothing the adjustment to large external shocks and by reducing inflation
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- Jurisdiction - Ukraine
- Firm Name - Alston & Bird LLP