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IMF assumes Ukraine to get $15.4 billion from creditor talks

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09 Mar 2015 16:34 #245499 by chairman
(Reuters) - The International Monetary Fund's bailout program for Ukraine assumes Kiev will be able to get $15.4 billion from talks with its creditors, according to four sources familiar with the IMF's documents.

The assumption is necessary to ensure Ukraine's sovereign debt can fall to 70 percent of gross domestic product by 2020, a level the IMF would deem sustainable, according to three people.

Under its rules, the IMF cannot lend to countries unless it believes they will be able to pay back the money eventually.
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