IMF approves new $8.1B loan for Ukraine
The program is for 48 months, the first tranche is $1.5 billion
The IMF has approved a new $8.1 billion loan for Ukraine, providing a 48-month repayment period. The first disbursement will amount to $1.5 billion. The IMF head emphasized serious risks, expressing doubts about the effectiveness of Kyiv's reforms. Ukraine's total financing needs are estimated at $136.5 billion. To cover the remaining amount, the country may rely on EU mechanisms, G7 initiatives, bilateral support, and debt restructuring.
Context
Since 2014, Ukraine has attracted external loans to cover military and economic needs, and the current crisis intensifies the necessity for international financial support.
IMF approved $8.1 billion for Ukraine, highlighting high risks and noting that the total funding needs amount to $136.5 billion.
- Category: Ucraina
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- Source: https://t.me/newsby_btrc/188635
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