Ukraine wants to raise new sovereign debt, supported by a guarantee from the World Bank, according to Oksana Markarova, the country's finance minister. Its war-battered economy has been supported with loans from the World Bank, International Monetary Fund and other bodies on the condition that the government passes reforms and tackles corruption. The IMF said it was "encouraged" by Ukraine's progress in reforming its economy.
Ukraine wants to raise new sovereign debt, supported by a guarantee from the World Bank, according to Oksana Markarova, the country's finance minister. Its war-battered economy has been supported with loans from the World Bank, International Monetary Fund and other bodies on the condition that the government passes reforms and tackles corruption. Markarova said Ukraine was working with the World Bank on the next guarantee with the aim of getting a loan of the maximum possible amount later this year, but added it was too early to give specific figures.