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Last Update: ،
2025/08/26
Time
05:56:00
Latest News:
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Latest News:
Zindani returns to Aden after participating in the session of the Council of Foreign Ministers of OIO
President al-Alimi receives an invitation from the Egyptian President to attend the opening of the Grand ..
Prime Minister Affirms Commitment to Investing in Human Capital on World Population Day
Ambassador al-Eryani discusses developments in Yemen with Deputy Head of Middle East Division at German ..
Health Minister Reviews Emergency Preparedness and Response Plans
IMF Board approves $15.6 billion support package for Ukraine
[01/04/2023 01:28]
WASHINGTON - SABA
The International Monetary Fund Executive Board announced that it has approved a new 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about US$15.6 billion) as part of a US$115 billion total support package for Ukraine.
The IFM's decision allows the immediate disbursement of around SDR 2 billion (or US$2.7 billion).
This is the largest amount has been approved for Ukraine since the Russian-Ukrainian war broke out on 24 February 2022.
The approval of the EFF is expected to mobilize large-scale concessional financing from Ukraine’s international donors and partners, to help resolve Ukraine’s balance of payments problem.
The International Monetary Fund Executive Board announced that it has approved a new 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 11.6 billion (about US$15.6 billion) as part of a US$115 billion total support package for Ukraine.
The IFM's decision allows the immediate disbursement of around SDR 2 billion (or US$2.7 billion).
This is the largest amount has been approved for Ukraine since the Russian-Ukrainian war broke out on 24 February 2022.
The approval of the EFF is expected to mobilize large-scale concessional financing from Ukraine’s international donors and partners, to help resolve Ukraine’s balance of payments problem.
Key words:
International - international - disbursement - concessional - arrangement - Ukraine’s - WASHINGTON - Executive - announced - Ukrainian -
WB grants a $100 million to Madagascar
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GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
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Italian GDP rises 0.3 percent
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