KIEV, June 10 – Prime Minister Yulia Tymoshenko said Wednesday the International Monetary Fund has agreed to increase lending to Ukraine to support the economy later this year.
Tymoshenko said the IMF may provide $3.2 billion in June or July, and $3.8 billion in November.
The IMF said last month it may provide $3 billion loan to Ukraine after June 15 if the government restructures and recapitalizes the country’s banking sector, and keeps “prudent” fiscal policy.
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