Ukraine: IMF funds to be spent on social benefits, pensions and salaries
Ukraine will use IMF funds to finance priority expenditures, including pensions, social benefits and salaries for teachers and doctors. Ukrainian Prime Minister Denys Shmyhal said this at a government meeting on April 4. “The IMF approved a $15.6-billion financing program for Ukraine. The first tranche of $2.7 billion has already been transferred to the state…