IMF says Ukraine’s central bank met all conditions for loan - Shapovalov

12:08, 29 January 2009
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"We met both the conditions...”

A senior Ukrainian central bank official said on Wednesday the IMF had confirmed that the central bank met all initial conditions set for a $16.4 billion loan.

According to an UNIAN correspondent, First Deputy Chairman Anatoly Shapovalov said this addressing a news conference.

“The IMF confirmed that we met all conditions that we undertook at the first stage”, A.Shapovalov said, adding: “We have two criteria: the monetary base, and the net international reserves by value fixed as of the date when the program was developed. We met both the condition”.


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