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QCB's foreign exchange reserves rise 3.81 percent
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Monaco draws 1-1 with Toulouse in the French Football League
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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.


QCB's foreign exchange reserves rise 3.81 percent
ECB cuts interest rate to 2.50 percent.
Inflation rate in Euro Area decreases to 2.4 percent
China's maritime economy exceeds 10 trillion yuan in 2024
WB approves $18.5 million project to address pollution risks in Iraq
WB approves $18.5 million project to address pollution risks in Iraq
Gold prices continue to hike closely record highs
Japan's economy grows 2.8 percent
Korea records above $12 billion in current account surplus in December
Germany, Canada reiterate opposition to US tariffs.

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