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Last Update: ،
2025/11/06
Time
07:52:59
Latest News:
Minister al-Soqatri discusses with FAO joint cooperation
Leadership Council Member Tariq Saleh meets with Syrian President
Presidential Leadership Council Member Tariq Saleh arrives in Brazil to join Climate Summit
Deputy Minister of Planning Discusses Food Insecurity and Malnutrition with UN Agencies
Vice FM Praises Germany's Political and Developmental Support
Latest News:
Minister al-Soqatri discusses with FAO joint cooperation
Leadership Council Member Tariq Saleh meets with Syrian President
Presidential Leadership Council Member Tariq Saleh arrives in Brazil to join Climate Summit
Deputy Minister of Planning Discusses Food Insecurity and Malnutrition with UN Agencies
Vice FM Praises Germany's Political and Developmental Support
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 -
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