The loans will be part of a larger international aid package coordinated by the U.S. and European allies, and distributed largely through the International Monetary Fund. The money is needed to close a gaping budget hole left when the Ukraine opposition deposed President Viktor Yanukovich and rejected a loan package from Moscow. Experts say the new government needs roughly $20 billion to fill the gap in the current fiscal year. In a statement released Tuesday, Lew said the U.S. and its partners will work to “provide as much support as Ukraine needs to restore financial stability and return to economic growth, if the new government implements the necessary reforms.” Obama on Monday said a speedy approval of the deal would send a strong message to Russia, which the U.S. has accused of breaching international law by seizing control of Ukraine's Crimean peninsula in the wake of the coup.[My Emphasis]In comes the International Money Fuckers with their "necessary reforms".
(17 years of informed commentary)