Ukraine has made an urgent appeal to the International Monetary Fund for about $2bn in emergency loans to ease “an extremely difficult situation” in meeting its external obligations and avoid the danger of a “spill-over effect” on other economically vulnerable states.
“The next three months are crucial,” Hryhoriy Nemyria, Ukraine’s deputy prime minister, told the Financial Times one day after returning from a mission to the IMF’s headquarters in Washington.
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