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New Ukraine PM Claim Old Regime “Robbed” Country Of $37 Billion In Loans

Published: February 28, 2014
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Source: Economy Watch

Ukraine’s incoming prime minister Arseniy Yatseniuk has accused accused the country’s former administration of “robbing” the state Treasury, claiming that nearly $37billion of loans had disappeared, while another $20 billion in central bank reserves were stolen.

Speaking to parliament ahead of a visit from IMF officials this week, Yatseniuk stressed the need for international financial support; and warned that “extraordinarily unpopular measures” may be needed to stabilize the nation’saccounts.

“I do not promise better living today or tomorrow. Our immediate aim is to stabilise [things], said Yatseniuk, as cited by the Financial Times. “Some $20 billion from the central bank reserves was stolen and $37 billion in loans were received which disappeared nobody knows where.”

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