IMF Board approves $15.6 billion support package for Ukraine

Yemen Participates in International Conference on Mine Action and Recovery

The Republic of Yemen participated in the International Conference on Innovations and Technology for Mine Action and Recovery, held in Tokyo, Japan. The conference was organized by the United Nations Development Programme (UNDP) and the Japan International Cooperation Agency (JICA).

Bulgaria's Tourism Minister Emphasizes Sustainable Development

Bulgaria's Tourism Minister Miroslav Borshosh emphasized the importance of integrating the tourism sector into blue and green economies to ensure sustainable development and environmental protection. Speaking at the Black Sea 2030: Partnership for a Sustainable Future International Forum, Borshosh highlighted the need for joint efforts among the state, local authorities, and businesses to protect the coastline and stimulate innovation.

GCC-STAT: Positive growth for GCC economies in 1Q

The economies of the Gulf Cooperation Council (GCC) countries recorded positive growth during the first quarter of 2025, reflecting the continued economic stability and sustainable development trajectory in the region.

Morocco wins Under-20 Youth World Cup title

The Moroccan national team won the FIFA U-20 World Cup title after defeating Argentina 2-0 in the final of the tournament hosted by Chile.

Last Update: ، 2025/10/27 Time 10:16:37
Latest News:

Yemen Participates in International Conference on Mine Action and Recovery

Transport Minister Discusses Enhanced Cooperation with Somali Ambassador

Leadership Council discusses developments in national arena, urges maintaining progress of reforms, tightening ..

President al-Alimi congratulates on Republic Day in Kazakhstan

Ministry of Higher Education, UNESCO sign strategic cooperation

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.