The International Monetary Fund (IMF) says it has reached a staff-level agreement with Ukraine on funding worth $15.6bn. The organisation’s first loan to a country at war is expected to be approved in the coming weeks. It would also be one of the largest financing packages Ukraine has received since Russia’s invasion.

Leave a Reply

Your email address will not be published.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

You May Also Like

UN agencies must be allowed to work unhindered in Gaza: G7

G7 leaders have said the UN Palestinian refugee agency must be allowed…

Lebanon’s President condemns Israel’s strike on southern Beirut

Lebanese President Joseph Aoun condemned an Israeli strike on Beirut’s southern suburbs,…

PM Sharif announces 100MW for Gilgit Baltistan

Prime Minister (PM) Shehbaz Sharif on Wednesday announced to provide 100-megawatt of…

Killing of Russian general signals Ukrainian strategy ‘to instil fear in military leadership’

Maria Miron, analyst at the Defence Studies Department at King’s College London,…