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Last Update: ،
2024/07/27
Time
12:42:01
Latest News:
Water Minister signs agreement to re-qualify two wells in Ataq
Minister of Info and tourism, Socotra deputy governor discuss reinvigorating tourist attraction to archipelago
Baggash meets with Regional Director of Norwegian Council for Refugees
Governor of Hadramout discusses with UNOPS projects in the governorate
Saudi Arabia welcomes UN statement on government-Houthi deals regarding banking sector and Yemen airways
Latest News:
Water Minister signs agreement to re-qualify two wells in Ataq
Minister of Info and tourism, Socotra deputy governor discuss reinvigorating tourist attraction to archipelago
Baggash meets with Regional Director of Norwegian Council for Refugees
Governor of Hadramout discusses with UNOPS projects in the governorate
Saudi Arabia welcomes UN statement on government-Houthi deals regarding banking sector and Yemen airways
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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