Wednesday, March 4, 2015   

Washington welcomes IMF’s Ukraine bailout
(03-27 19:06)

The White House hailed the promise of an International Monetary Fund bailout for Ukraine, saying it was a key part of a package of aid to help political and economic transition in the former Soviet republic.
“This represents a powerful sign of support from the international community for the Ukrainian government, as we help them stabilize and grow their economy, and move their democracy forward,'' spokesman Jay Carney said during US President Barack Obama's visit to Rome.
“The IMF program will be a central component of a package of assistance to support Ukraine as it implements reforms and conducts free and fair elections,'' Carney said in a statement.
The IMF announced a US$14-US$18 billion bailout for Ukraine to avoid bankruptcy but it comes with painful and unpopular reforms.—AFP

   
Other World breaking news:
Simon Rattle takes the baton at London Symphony Orchestra (03-03 19:29)
6.4-magnitude tremor jolts western Indonesia (03-03 19:24)
Saudi rapist beheaded (03-03 18:35)
Mourners bid farewell to murdered Putin critic (03-03 18:32)
Bali Nine pair to be moved to execution site (03-03 18:29)
Singapore PM resumes work after surgery (03-03 18:09)
'India's Daughter' inspired by protesters (03-03 17:39)
‘India's Daughter’ reflects brutal attitudes of Indian men towards women (03-03 17:12)
Body-camera maker has financial ties to police chiefs (03-03 16:00)
(Flight MH370) Search shows up nothing (03-03 13:56)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.