The House Committee on National Economy has equated some of the government’s borrowing at commercial rates to clear loan obligations to a “Ponzi scheme”
The House Committee on National Economy has equated some of the government’s borrowing at commercial rates to clear loan obligations to a “Ponzi scheme”
The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a broader $115 billion international support package to help the country meet urgent funding needs. The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv.