Kiev will have to boost tax revenue and tackle corruption to receive $20 billion in loans Ukraine has pledged to revise its fiscal policies in a bid to access $20 billion in loans from the International Monetary Fund (IMF), according to a memorandum signed by both sides, Bloomberg reported on Friday. Kiev has been pushing for a deal with the IMF since autumn. Earlier this month, the US-based institution approved a four-month Program Monitoring with Board involvement (PMB) for Ukraine. Though the deal does not provide cash to Ukraine, it will "catalyze" external financing if successfully completed. To tap the fundi
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