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Ukraine seeks more foreign funds — Yatsneyuk

October 08, 2014, 18:01 UTC+3 KIEV
Ukraine’s international reserves increased to $16.2 billion as of October 1 from $15.831 billion a month earlier
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Ukrainian Prime Minister Arseniy Yatsneyuk

Ukrainian Prime Minister Arseniy Yatsneyuk

© ITAR-TASS/Maxim Nikitin

KIEV, October 8. /TASS/. Ukraine seeks to revise its cooperation with international financial organizations, particularly with the International Monetary Fund (IMF), taking into account the events in the country’s east, Prime Minister Arseniy Yatsenyuk told a Cabinet session on Tuesday.

Ukraine intends “to maximally attract additional resources so that the country could develop and live through this difficult time,” the prime minister said.

The head of the National Bank of Ukraine Valery Gontarev and some Cabinet ministers head for Washington on Wednesday for the annual meeting of the IMF and the World Bank.

Ukraine’s international reserves increased to $16.2 billion as of October 1 from $15.831 billion a month earlier, the press office of the National Bank of Ukraine reported on Tuesday.

Ukraine’s international reserves increased in September after the country received funds under the IMF’s stand-by loan facility, which were distributed in favor of the Ukrainian government ($978.42 million) and the National Bank ($397.55 million), the press office said.

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