Ukraine, IMF Begin Loan Talks as Country’s Economic Woes Deepen - WSJ

2023-02-22 17:56:37 By : Mr. David Zhai

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https://www.wsj.com/articles/ukraine-imf-begin-loan-talks-as-countrys-economic-woes-deepen-40a42b25

The International Monetary Fund has started negotiating with Ukrainian officials to put together what could be its largest loan package for the country since Russia’s invasion as the prolonged war deepens its economic woes. 

The Ukrainian government is seeking a loan that is far larger than the $2.7 billion the multilateral lender has provided through two emergency loans since last March, according to people familiar with the situation. Ukraine has argued that IMF involvement is crucial to reassure other foreign backers that its economic policies and its financial data are sound.

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.