Ukraine approves 2016 budget, clearing way for delayed IMF loan

Ukraine approved an annual budget on the 25 December 2015 that included a deficit specified by the International Monetary Fund. The IMF said it was necessary the country met its stipulations before it provided more financial aid.

• Primary Source

ESO: Background information: Russia proposes Ukraine debt restructuring http://www.europeansources.info/record/russia-proposes-ukraine-debt-restructuring/

ESO: Background information: Ukraine tells creditors next week is last chance for debt deal http://www.europeansources.info/record/ukraine-tells-creditors-next-week-is-last-chance-for-debt-deal/

IMF: IMF and Ukraine https://www.imf.org/external/country/ukr/

IMF: Press Release, No.572, 2015 (18.12.15): Ukraine—IMF Statement on the 2016 Budget https://www.imf.org/external/np/sec/pr/2015/pr15572.htm

---