What is the IMF rescue plan for Ukraine?

  • Four year $17.5bn IMF bailout that restructures Ukraine's external debt, hence making it easier to pay off.
  • Replaces last year's bailout plan, which was abandoned after the situation in Eastern Ukraine worsened.
  • Additional pledges from US & EU (+ others) gives Ukraine $40bn in total, a significant economic boost in the face of a bellicose Russia.

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