IMF says agrees $3.9 billion standby deal for Ukraine

Bs_logoImage
Reuters KIEV
Last Updated : Oct 19 2018 | 10:35 PM IST

KIEV (Reuters) - The International Monetary Fund said on Friday it had reached a staff level agreement with Ukraine on a new standby assistance deal worth $3.9 billion over 14 months.

The agreement is subject to approval by the IMF's executive board and Ukraine passing a 2019 budget that meets the IMF's recommendations, a statement said.

(Reporting by Matthias Williams and Natalia Zinets; editing by John Stonestreet)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2018 | 10:28 PM IST