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The downside scenario with a 10% fall in Ukraine's GDP this year and 2% next year, contained in the Extended Fund Facility (EFF), confirms the readiness of the International Monetary Fund (IMF) to support the country even in the worst case scenario, Governor of the National Bank of Ukraine Andriy Pyshnyy has said.
The International Monetary Fund said on Friday (31 March) its executive board approved a four-year $15.6 billion loan programme for Ukraine, part of a global $115bn package to support the country's economy as it battles Russia's 13-month-old invasion. The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, and requires […]
The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday. Russia's invasion has devastated Ukraine's economy, causing activity to contract by about 30% last year, destroying much of its capital stock and spreading poverty, according to the…
WASHINGTON—The International Monetary Fund (IMF) said on Friday its executive board approved a four-year $15.6 billion loan program ...
IMF approves $15.6 bn Ukraine loan package