On Oct 25, IMF Managing Director Kristalina Georgieva said that Ukraine’s external financing needs would be around $3 billion a month through 2023 in a best-case scenario. “The external financing needs could rise as high as $5 billion if Russian bombing becomes even more dramatic,” she added. She said IMF staff had met with Ukrainian authorities in Vienna last week to discuss the country’s financial needs and were working toward a fully-fledged IMF lending programme.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Turkish-Arab Financial Forum held for the first time in Dubai

More than 30 fintech companies from Türkiye have participated in the Turkish-Arab…

At least two killed in knife attack at Slovak school

A student killed at least two people and seriously wounded another in…

King Charles III condemns Peshawar mosque bomb blast

In a letter written to President Arif Alvi, King Charles III expressed…

Saudi Arabia introduces changes in Umrah Policy

Saudi Arabia’s Ministry of Hajj and Umrah has stated that nationals and…