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Sunday, October 26, 2008

IMF to Bail Out Ukraine

by Calculated Risk on 10/26/2008 02:04:00 PM

From the WSJ: IMF to Lend $16.5 Billion to Ukraine (hat tip Lyle)

The International Monetary Fund Sunday announced its second national rescue plan in a matter of days, saying it would lend $16.5 billion to Ukraine.

The announcement follows Friday's a $2.1 billion loan to Iceland ... Pakistan and Hungary are also talking to the IMF.