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IMF Board Approves $1B Loan Disbursement for Ukraine

The International Monetary Fund said its board on Wednesday approved a long-awaited loan disbursement to Ukraine of about $1 billion after a review of the country's bailout program. The IMF has agreed to pump $17.5 billion into Ukraine's economy in a four-year bailout, releasing the funds in installments subject to the government's making progress on economic and anti-corruption reforms. To date, Ukraine has received about $7.62 billion in the program, which was launched in...

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