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IMF Greenlights $15.6 Billion Ukraine Loan Program - Vimarsana News

IMF Greenlights $15.6 Billion Ukraine Loan Program

The loan is the first major conventional financing program approved by the IMF for a country embroiled in a large-scale war

Source: i24news.tv
IMF approves $15.6 bln Ukraine loan, part of $115 billion in global support - Vimarsana News

IMF approves $15.6 bln Ukraine loan, part of $115 billion in global support

IMF said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine.

IMF approves $15.6 billion Ukraine loan, part of $115 billion in global support - Vimarsana News

IMF approves $15.6 billion Ukraine loan, part of $115 billion in global support

The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, and requires ambitious reforms of Ukrainian officials, especially in the energy sector, the Fund said in a statement.

IMF approves four-year EFF Arrangement for Ukraine for $15.6 bln as part of $115 bln overall support package - Vimarsana News

IMF approves four-year EFF Arrangement for Ukraine for $15.6 bln as part of $115 bln overall support package

The IMF Board approved a new four-year extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about $15.6 billion) as part of a $115 billion total support package for Ukraine, the fund said on its website.

IMF approves $15.6-billion Ukraine loan, part of $115 billion in global support - Vimarsana News

IMF approves $15.6-billion Ukraine loan, part of $115 billion in global support

This is the first major conventional financing program approved by the International Monetary Fund for a country involved in a large-scale war