IMF Lends Ukraine USD16.5bn
Published / Last Updated on 26/10/2008
IMF Lends Ukraine $16.5bn
The International Monetary Fund (IMF) has stepped in with a $16.5bn loan package to instil confidence in a shaky banking system.
This follows a $2bn loan by the IMF to Iceland last week after Iceland had also agreed a loan deal with the UK with the British Tax payer initially covering the losses of the British Investors with capital guarantees.
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