Ukraine may borrow between $10bn and $15bn from the International Monetary Fund to “strengthen its position” during the global financial crisis, the country’s deputy Central Bank governor Oleksandr Savchenko, said on Thursday as an IMF delegation arrived Kiev.

“We may not need all of the sum. We’re now meeting with IMF representatives, examining the situation, and are deciding how much money we need.’’ Mr Savchenko said in a telephone press conference.