IMF approves $15.6BN loan to Ukraine

The International Monetary Fund’s executive board has approved a $15.6 billion financing package for Kiev, bringing Ukraine’s total economic support to $115 billion. The loan comes with strict conditions, which will require Kiev to undertake significant financial reforms. We discussed the issue with strategic leadership expert Kai-Alexander Schlevogt, who says that IMF loan will only increase Ukraine's dependence on Western powers.

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