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The IFC Board of Directors will consider this issue on December 17, the IFC reported.

The funds will be used to meet Ukraine's needs in gas imports during the 2015-2016 winter season.

As UNIAN reported earlier, in October 2015, the European Bank for Reconstruction and Development and the government of Ukraine signed an agreement granting a $300 million trade finance loan to Ukraine's largest state energy holding Naftogaz of Ukraine to buy gas on the European market.