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Your email address will not be published.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

Global NGOs working in Gaza defy Israel’s threats after MSF ban

As Israel cracks down on international aid groups supporting Palestinians after decimating…

Israeli strikes on southern Lebanon leave at least four dead

At least four people were killed in Israeli strikes on southern Lebanese…

Gulf energy official says stopping the war is only way to reopen Hormuz 

A senior Gulf energy industry official said on Tuesday stopping the Iran…

Taliban begins to enter Kabul

The Afghan interior minister reported that Taliban insurgents began to enter Kabul…