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21 November 2015,

Will The IMF Bend For Ukraine?

Sharmadha Srinivasan's article 'Will the IMF bend for Ukraine?' was republished by Eurasia Review.

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The International Monetary Fund (IMF) is scheduled to hold a meeting towards the end of November to review its “lending-into-arrears” policy. [1] This has important geopolitical implications for the ongoing Ukraine-Russia debt negotiations—Russia has given a $3 billion Russian loan to Ukraine, which will mature in December 2015. [2]

The IMF’s policy on sovereign arrears stipulates that the institution cannot lend to a country that has defaulted on a loan from a government—and it is this policy that will influence the trajectory of the Ukraine-Russia negotiations. [3]

Click here to continue reading the article on Eurasia Review.