You're reading: Wall Street Journal: Ukraine says $1 billion IMF loan shows country is committed to overhauls

The Ukrainian government on Sept. 15 welcomed a long-delayed emergency payment of $1 billion from the International Monetary Fund late on Sept. 14, a move that paved the way for further international aid to help bolster the country’s fragile finances.

“The positive decision of the IMF suggests that the world recognizes that there are reforms in Ukraine, there is qualitative and positive change in Ukraine, and the country is moving in the right direction,” Ukrainian President Petro Poroshenko said in a statement.

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