International organizations to issue more credits to Ukraine in 2014, prime minister says

Business & Economy

September 03, 2014, 15:51 UTC+3 KIEV

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KIEV, September 03. /ITAR-TASS/. International organizations are ready to grant $10.7 billion worth of loans to Ukraine before the end of 2014, Ukrainian Prime Minister Arseniy Yatsenyuk told a government meeting on Wednesday.

“Ukraine will receive $10.7 billion until year’s end of which $9.2 billion will be spent to pay off debts to avoid bankruptcy,” the Ukrainian prime minister went on to say. .

He added that the hryvnia rate would have been cosmic if it had not been for foreign credits.

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Arseniy Yatsenyuk

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Ukraine crisis

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