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Last Update: ،
2024/10/23
Time
07:00:25
Latest News:
President al-Alimi receives Commander of Support Troops in Arab Coalition
Defense Minister meets Turkish Ambassador in Aden
Foreign Minister discusses means to enhance bilateral relations with Canadian Ambassador
PM meets Interior Ministry leadership and chiefs of police departments in liberated governorates
President al-Alimi receives credentials of some Ambassadors of friendly countries
Latest News:
President al-Alimi receives Commander of Support Troops in Arab Coalition
Defense Minister meets Turkish Ambassador in Aden
Foreign Minister discusses means to enhance bilateral relations with Canadian Ambassador
PM meets Interior Ministry leadership and chiefs of police departments in liberated governorates
President al-Alimi receives credentials of some Ambassadors of friendly countries
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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