Ukraine`s parliament on Friday approved financial legislation needed to secure the loan aimed at stabilizing the country`s finances and banking system hit by the global financial crisis.
The IMF-backed loan program includes helping banks recapitalize, working to lower inflation and balancing the budget next year, according to the Ukrainska Pravda Web site, citing a memorandum of the IMF-Ukraine agreement.
Details of the agreement are expected to be published once the IMF board has approved the program.
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