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IMF to Loan Ukraine Up to $18 Billion

The International Monetary Fund has pledged to provide Ukraine with up to $18 billion in loans.But the country must enact tough economic reforms in exchange. The IMF says the $14 to $18 billion it will provide will combine with contributions from the international community to total up to $27 billion in total assistance in the next two years.Without the IMF-mandated austerity measures, Ukrainian Prime Minister Arseniy Yatsenyuk told parliament Thursday Ukraine's economy could contract by...

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