IMF Gives First Part of $15.6 Billion to Ukraine
The Ministry of Finance announced the first loan deposit yesterday against the backdrop of a World Bank estimate of $411 billion in total reconstruction costs for Ukraine.
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The Ministry of Finance announced the first loan deposit yesterday against the backdrop of a World Bank estimate of $411 billion in total reconstruction costs for Ukraine.
The first tranche under the Extended Fund Facility (EFF) Program of the International Monetary Fund (IMF) in the amount of $2.7 billion (SDR 2 billion) was sent on Monday to the general fund of the state budget of Ukraine, the Finance Ministry said.
French Economy Minister Bruno Le Maire on Monday called on the IMF to provide EUR 15 billion in aid to Ukraine and tighten economic sanctions against Russia ahead of the G20 financial meeting this week in India, French Le Figaro writes.
The war unleashed by Russia is against all that we stand for — Ukrinform.
WASHINGTON: The upcoming meeting of the Organization for Security and Co-operation in Europe, or OSCE, will be critical to help end the war in Ukraine and the continuing human rights violations resulting from the conflict. This is the view of Michael Carpenter, the US’ permanent representative to the OSCE, who spoke to Arab News recently about the group’s annual ministerial