Ukraine’s debt to Russia forgiven by the IMF - Will essentially finance their war

12/10/2015 - 18:04

Yves Smith


Yves here. Needless to say, the IMF broke its rules like crazy to fund the war lend to the government in Ukraine. For starters, it’s against IMF rules to lend to a country at war. IMF loans are also supposed to be sustainable.

READ FURTHER ON NAKED CAPITALISM

LEARN MORE ON BUSINESS STANDARD