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IMF $27 billion lifeline okay for now, according to finance minister
Journal Staff Report

WASHINGTON, Oct. 13 - Ukraine will not need a new International Monetary Fund financing program unless its conflict with pro-Russian separatists worsens significantly, Finance Minister Oleksander Shlapak said on Monday, Reuters reported.

In an interview with a small group of reporters, Shlapak said the IMF's current $27 billion international financial lifeline was adequate for now and flatly ruled out a restructuring of the nation's debts, which some analysts have said may be needed to avoid a default.




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