U.S. Treasury’s Lew urges Ukraine to turn to IMF: Reuters

YEREVAN, February 20. /ARKA/. The Ukraine’s fundamental problem is that it suffers from an economic crisis and the country should ask the International Monetary Fund for help, U.S. Treasury Secretary Jack Lew said on Wednesday.

“At the core they have an economic crisis and they are going to need to deal with it,” Lew told a conference hosted by the World Affairs Council.

“And the mechanism that’s best for Ukraine to deal with it would be to come to the IMF and have a package where they put in place economic reforms where they get the support that they need in exchange for the steps to fix their economy,” Lew said. –0–

spot_img

POPULAR

A mechanism for restructuring banks instead of liquidation has been introduced in Armenia

At an extraordinary meeting on Friday, the National Assembly of Armenia adopted the law “On Bank Restructuring” and a number of related laws in the second and final reading.

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

EDB has identified three main drivers of economic growth in Armenia

The Eurasian Development Bank (EDB) has identified the services sector, construction, and industry as the main drivers of economic growth in Armenia in January–May 2026.

Armenia Increases Participant Limit for Non-Public Investment Funds from 49 to 99

At an extraordinary session on Friday, the National Assembly of Armenia adopted an amendment to the Law "On Investment Funds" in its second and final reading.

Coffee, a Break, and Up to 10% idcoin with Idram&IDBank

Sometimes the best ideas are born not in the office or around the meeting table, but during a break.

LATEST NEWS

spot_imgspot_imgspot_img