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Official: We may need $4.5b to survive until IMF financing resumes
Journal Staff Report

KIEV, March 9 – Ukraine would need $3-4.5 billion to tide it over until cooperation with the International Monetary Fund resumes if the financing were started in four or six months, according to Deputy Finance Minister Oleksandr Savchenko.

"What should we do before the IMF's funds arrive? According to my assessments, we need to find from $3 billion [at the best] to $4.5 billion [at the worst] or the equivalent in hryvnias to hold out," he said during a meeting of the financial press club organized with support of the Dzerkalo Tyzhnia (Mirror Weekly) newspaper.




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