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                        FRIDAY, APRIL 26, 2024
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Official: Ukraine will have to cut 2010 deficit to get IMF help
Journal Staff Report

KIEV, March 24 – Ukraine will have to cut its 2010 budget deficit to 6% of GDP among other conditions to win resumption of lending from the International Monetary Fund, a senior Ukrainian official said Wednesday.

Iryna Akimova, President Viktor Yanukovych’s chief economic advisor, said other conditions include recapitalizing the banking sector and curbing inflation to maintain macroeconomic stability.




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