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This R&D covers the Ukrainian economy. The International Monetary Fund (IMF) is providing a $17.5 billion bailout for the country, which will last for the next four years. In return for IMF aid, the Ukrainian government has promised to reform its energy and banking systems and launch a more aggressive anti-corruption drive. Ukraine’s currency, the hryvnia, is the world’s worst performing currency this year.
Reuters: Ukraine expects $5 billion in first tranche of IMF aid: Interfax Ukraine http://t.co/tjfyoy515H
— NewsBlogged (@NewsBlogged) March 11, 2015
Sobering data on Ukraine economy. RT Ukraine unofficially has 272 percent inflation http://t.co/GTiBJKtAaW
— Michael McFaul (@McFaul) March 3, 2015
Ukraine’s energy reforms are just what the doctor — and IMF — ordered. @KFJ_FP reports: http://t.co/KmF25AhURO pic.twitter.com/n6mo6iNN01
— Foreign Policy (@ForeignPolicy) March 10, 2015