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Your email address will not be published.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

At least 3 killed in Kyiv as Russia unleashes ‘kamikaze’ drones

On Monday, a new wave of Russian drone and missile attacks hit…

Pakistan, China decide to give impetus to bilateral cooperation

Pakistan and China have decided to give impetus to their bilateral cooperation…

G7 calls on Iran to re-engage in nuclear talks with US

Foreign ministers of the G7 on Tuesday called on Iran to re-engage…

Israel’s army says intercepted ‘missile’ from Red Sea region

Israel’s air defense systems intercepted a missile launched from the Red Sea…