Economics
IMF History With Ukraine Leaders May Cloud Aid Negotiations
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The International Monetary Fund has extensive experience lending to Ukraine in recent years. It’s not a track record favoring the country as it seeks aid to stave off default.
Twice since 2008, the IMF froze loans to the former Soviet republic after governments at the time balked at measures they had agreed to carry out. After failed attempts to revive loan talks with Ukraine, the Washington-based lender concluded in December it shouldn’t commit as much money to nations that don’t embrace economic change.