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Last Update: ،
2025/05/09
Time
04:34:02
Latest News:
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Latest News:
Yemeni Ambassador Leads Arab Ambassadors' Meeting in Cuba
Presidential decree about appointing vice ministers in several ministries
Interior Minister, US Acting- Ambassador discuss security cooperation
PM receives letter from sectary general of GCC
Yemen Participates in Barcelona's Marine Expo
IMF Board approves $15.6 billion support package for Ukraine
[01/04/2023 01:28]
WASHINGTON - SABA
The International Monetary Fund Executive Board announced that it has approved a new 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about US$15.6 billion) as part of a US$115 billion total support package for Ukraine.
The IFM's decision allows the immediate disbursement of around SDR 2 billion (or US$2.7 billion).
This is the largest amount has been approved for Ukraine since the Russian-Ukrainian war broke out on 24 February 2022.
The approval of the EFF is expected to mobilize large-scale concessional financing from Ukraine’s international donors and partners, to help resolve Ukraine’s balance of payments problem.
The International Monetary Fund Executive Board announced that it has approved a new 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about US$15.6 billion) as part of a US$115 billion total support package for Ukraine.
The IFM's decision allows the immediate disbursement of around SDR 2 billion (or US$2.7 billion).
This is the largest amount has been approved for Ukraine since the Russian-Ukrainian war broke out on 24 February 2022.
The approval of the EFF is expected to mobilize large-scale concessional financing from Ukraine’s international donors and partners, to help resolve Ukraine’s balance of payments problem.
Key words:
International - international - disbursement - concessional - arrangement - Ukraine’s - WASHINGTON - Executive - announced - Ukrainian -
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