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Ukraine, IMF Reach $5.5B Deal          12/08 09:33

   KYIV, Ukraine (AP) -- Ukraine and the International Monetary Fund have 
reached agreement on a new $5.5 billion program to boost the country's growth 
and economic reforms. 

   The agreement, which still must be approved by the fund's management, was 
reached in a Saturday telephone call between Ukrainian President Volodymyr 
Zelensky and IMF managing director Kristalina Georgieva. 

   Details of how the money would be used over the plan's three years weren't 
given.

   Zelenskiy, who was elected in April on a platform focusing on economic 
reforms and fighting corruption, said in a statement that the program will 
accelerate growth.


(KR)

 
 
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