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IMF to watch Ukraine closely2010-08-10 17:54
The International Monetary Fund intends to pay special attention to Kyiv. IMF experts will conduct 9 quarter inspections of complying with the demands of cooperataion by an ex-Soviet republic - RosBalt.gt-en-newsitem-inside
IMF has already allocated Ukraine over 15 bn dollars, in return demanding to comply with some conditions. Among them is to increase price or gas for population.
In autumn 2008 the IMF allocated Kyiv USD 16.4 bn for stabilization of economy in conditions of a crisis. Ukraine received over USD 10bn, then aid was suspended because of discords about economic policy in the government. The increase of budget deficit to 12 per cent of GDP in 2009 also played its role.