UK Ministry of Defence says some Russian units have been ‘reallocated to other sectors’
The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia’s invasion.
The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6bn.“The overarching goals of the authorities’ program are to sustain economic and financial stability in circumstances of exceptionally high uncertainty, restore debt sustainability, and support Ukraine’s recovery on the path toward EU accession in the post-war period,” IMF official Gavin Gray said in a statement announcing the agreement.
The fund last week changed a rule to allow new loan programs for countries facing “exceptionally high uncertainty”, without naming Ukraine.Hello and welcome to today’s live coverage of the war in Ukraine with me, Helen Sullivan. I’ll be bringing you the latest as it happens.
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