Streams

IMF Pledges $18 Billion Loan Package To Ukraine

Thursday, March 27, 2014

The International Monetary Fund today pledged $18 billion in loans to prop up Ukraine’s sinking economy.

The IMF’s aid package comes as the nation’s prime minister, Arseniy Yatsenyuk, warned Parliament that Ukraine is “on the brink of the economic and financial bankruptcy.”

Yatsenyuk laid out details for fixes needed to put the country back on track, including raising taxes, a freeze on minimum wage and radically higher energy prices.

The BBC’s Irena Taranyuk joins Here & Now’s Robin Young from Ukraine to discuss the latest.

  • Note: Please subscribe to the Here & Now podcast to hear this BBC interview.

Guest

  • Irena Taranyuk, BBC reporter in Kiev.
Copyright 2014 WBUR-FM. To see more, visit http://www.wbur.org.

Source: NPR

Tags:

The Morning Brief

Enter your email address and we’ll send you our top 5 stories every day, plus breaking news and weather.

Leave a Comment

Email addresses are required but never displayed.