In 2014, Ukraine Needed a Loan. The New Ukrainian Government Accepted the IMF Loan with Conditions: Austerity and Privatization

By Richard

In 2014, Ukraine needed a loan. There were two offers:

The World Bank (IMF) offered $15 billion with two conditions:
– Lift the ban on private sector land ownership.
– Cut pensions and fuel subsidies.

Russia also offered $15 billion but WITHOUT the austerity and privatization requirement.

Ukrainian President Yanukovych decided to chose Russia’s offer, so Washington instigated a coup, ousting Yanukovych.

The new Ukrainian government accepted the IMF loan and conditions: austerity and privatization

Multinational consortia with US capital have already bought 1/3 of Ukraine’s farmland…..

In 2014, Ukraine needed a loan. There were two offers:

The World Bank (IMF) offered $15 billion with two conditions:
-Lift the ban on private sector land ownership.
-Cut pensions and fuel subsidies.

Russia also offered $15 billion, but WITHOUT the austerity and… pic.twitter.com/hdGwmpUla2

— Richard (@ricwe123) June 19, 2024

Original source: https://x.com/ricwe123/status/1803573320367088043