Anders Aslund: Why Ukraine needs the IMF
People rest among blossoming lilacs in the Botanical Garden of Kiev on May 5, 2016.
Just after the May holidays, a mission from the International Monetary Fund (IMF) plans to visit Ukraine from May 10-18. The Ukrainian government and the informed public pay great attention to this event, and rightly so. Ukraine is likely to obtain a much delayed credit of $1.7 billion by mid-June. The beauty of the IMF is speed, competence, simplicity, and wealth.