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Ukrainian Finance Minister Jaresko rejects notion of post-Greece 'bailout fatigue' by lenders
Published December 04, 2015
Ukraine’s recently appointed Finance Minister Natalie Jaresko, a U.S. national who adopted Ukrainian citizenship to take up her post, speaks at a press conference in Kiev, Ukraine, on Monday, Feb. 16, 2015. Jaresko announced Monday that Ukraine’s economy is set to contract by 5.5 percent this year, lower than the previous December estimate of 4.4 percent. (AP Photo/Sergei Chuzavkov) (The Associated Press)
Ukraine's finance minister rejects the idea that international bailout lenders' efforts to help Greece might restrict their ability to support Ukraine in coming years.
The International Monetary Fund last week announced a $40 billion support package for Ukraine. It includes $17.5 billion of direct IMF funding, money from the European Union, and up to $15 billion in expected debt renegotiation by Ukraine.
Some say Ukraine may need even more money as it struggles with a war in its east.
The IMF and EU have already committed large sums to Greece in recent years. But Ukrainian finance chief Natalie Jaresko dismissed suggestions that would cause "fatigue" in helping Ukraine.
She told The Associated Press "there can be no discussion of exhaustion or fatigue, except on the part of the Ukrainian people."
https://www.foxnews.com/world/ukrainian-finance-minister-jaresko-rejects-notion-of-post-greece-bailout-fatigue-by-lenders