The $15 Billion Ukraine Could Be Using to Perk Up Its Economy

Photographer: Vincent Mundy/Bloomberg

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An influx of foreign aid could go a long way to helping Ukraine jumpstart its economy. But the government has passed up almost half as much as it’s been offered.

The 2014 ouster of the country’s Kremlin-backed leader ushered in a painful transition -- not least because of the ensuing separatist conflict that Russia set in motion. The former Soviet republic’s new leaders quickly agreed on an International Monetary Fund bailout and assistance from other lenders. Of a total $29 billion, $15 billion remains untapped.