IMF Approves $17bn Aid Deal for Ukraine

(Photo Credit: AFP)

By Agencies

The International Monetary Fund has approved a $17bn aid deal for Ukraine, even as Kiev fights to prevent pro-Moscow separatists from hiving off another chunk of the country.

The IMF executive board’s green light opens the way for an immediate deployment of $3.2bn to Kiev, which faces deep fiscal problems, compounding its political crisis.

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