Press Release: IMF Completes First Review Under Stand-By Arrangement for Ukraine and Approves US$1.39 Billion Disbursement

In its first in-depth assessment since granting Ukraine a $17-billion (12.9-billion-euro) bailout program in March 2014, the International Monetary Fund said on the 2 September 2014 that "risks were looming large" for the country's economy.

The IMF warned that Ukraine would not be able to meet all of its targets under the bailout program, mostly due to the ongoing fighting in the country's eastern region and a gas dispute with Russia, making imports far more expensive for the government in Kyiv.

• Primary Source

http://www.imf.org/external/country/UKR/index.htm http://www.imf.org/external/country/UKR/index.htm

ESO: Background information: Ukraine: €500 million of EU Macro-Financial Assistance disbursed http://www.europeansources.info/record/press-release-ukraine-e500-million-of-eu-macro-financial-assistance-disbursed/

ESO: Background information: EU / IMF financial support to Ukraine http://www.europeansources.info/record/press-release-council-approves-financial-support-and-trade-measures-for-ukraine-imf-approves-17bn-ukraine-bailout-package/

Deutsche Welle, 02.09.14: IMF warns of Ukraine funding shortfall if fighting persists http://dw.de/p/1D5T7

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