Anders Aslund: The IMF outfoxes Putin – policy change means Ukraine can receive more loans
An handout picture taken and released on Sept. 6, 2015 by the Ukrainian presidential press-service shows Ukrainian President Petro Poroshenko (L) and the Managing Director of the International Monetary Fund (IMF) Christine Lagarde.
Today the Executive Board of the International Monetary Fund (IMF) reversed its "policy on not lending into arrears." IMF spokesman Gerry Rice said in a statement that “the IMF’s executive board met today and agreed to change the current policy on non-toleration of arrears to official creditors.”
