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Your email address will not be published.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

Two Chinese cities ease COVID curbs after protests spread

Shanghai: On Nov 30, the giant Chinese cities of Guangzhou and Chongqing…

Navjot Kaur Sadhu slams Amarinder Singh’s links to Pakistani journalist

Navjot Kaur Sadhu, the wife of Punjab Congress president Navjot Singh Sadhu…

Israel responsible for Gaza famine: UN

UN aid chief Tom Fletcher has urged the Israeli government to reach…

At least 400,000 displaced Lebanese have returned home

At least 400,000 displaced Lebanese have returned home with the total still…