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Reuters
Reuters
Business
By Andrea Shalal

Exclusive: Key Ukrainian adviser says new, $5 billion IMF loan would reassure other creditors

FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

Securing a new $5 billion loan from the IMF would help reassure Ukraine's other creditors that the war-torn country's macroeconomic situation was under control, President Volodymyr Zelenskiy's chief economic adviser told Reuters on Friday.

Fresh financing from the International Monetary Fund for around 18 months could serve as the anchor for a larger package of $15 billion-$20 billion to help Ukraine weather the economic crisis caused by Russia's invasion, the adviser, Oleg Ustenko, said.

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