Ground News - IMF changes lending rules, paving way for a $15 billion 'support' for Ukraine
The International Monetary Fund said Friday its executive board has approved changes to its financing policy aimed at countries facing “exceptionally high uncertainty.” The measure is widely viewed as a way to open a new loan program for Ukraine as it enters the second year of fighting back a Russian invasion. The fund has traditionally only lent to countries that have a clear path for repaying the organization, to ensure its ability to keep lending to other nations.
Source: ground.news