Kiev - The International Monetary Fund (IMF) agreed to greenlight an additional 2.8 billion dollars assistance loan to Ukraine, IMF officials in Kiev said on Friday.
An IMF mission visiting the former Soviet republic recommended Ukraine receive the badly-needed credit after meetings with the country's government.
At least half of the money to be advanced by the IMF will go towards balancing Ukraine's budget, mostly by helping service foreign-issue bonds, Ukraine Prime Minister Yulia Tymoshenko said, according to an Interfax news agency report.