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Last Update: ،
2025/12/28
Time
05:41:12
Latest News:
Political Parties Welcome Message of Saudi Minister of Defense
The Deputy Minister of Foreign Affairs Discusses with Korean Ambassador Ways to Enhanc Cooperation
Deputy Minister of Planning Discusses with United Nations, Red Cross Enhancing Coordination to Support ..
President al-Alimi highly appreciates Saudi-Emirati ongoing mediation to de-escalation in eastern governorates
Legitimacy-Backing Coalition Says Will Deal with All Military Moves that Counter De-Escalation Efforts ..
Latest News:
Political Parties Welcome Message of Saudi Minister of Defense
The Deputy Minister of Foreign Affairs Discusses with Korean Ambassador Ways to Enhanc Cooperation
Deputy Minister of Planning Discusses with United Nations, Red Cross Enhancing Coordination to Support ..
President al-Alimi highly appreciates Saudi-Emirati ongoing mediation to de-escalation in eastern governorates
Legitimacy-Backing Coalition Says Will Deal with All Military Moves that Counter De-Escalation Efforts ..
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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