IMF director Lagarde: Ukraine needs to make tough reforms as part of loan conditions

BY Justin Scuiletti  April 2, 2014 at 5:27 PM EST

Ukraine’s economy can’t make necessary reforms without a lifeline from the IMF or others in the international community, IMF managing director Christine Lagarde told Judy Woodruff in an interview in Washington, DC today. Corruption, bad monetary policy and other issues have limited Ukraine’s economy, and the current government crisis has disconnected the struggling nation from international financial markets.

But to qualify for aid, the IMF is requiring Ukraine to conform to strict qualifications.

Watch Judy’s full interview with Lagarde tonight on the PBS NewsHour. Find us on your local PBS Station and live online at 6 p.m. ET.