IMF approves new $1.1 billion installment for Ukraine

Radio Moldova, 21 December 2024 13:40

The Executive Board of the International Monetary Fund (IMF) has approved a new $1.1 billion tranche for Ukraine under its Extended Fund Facility (EFF). IMF Managing Director Kristalina Georgieva stated that "Russia's war in Ukraine continues to have a devastating social and economic impact on the country. Despite the ongoing invasion, macroeconomic stability is being upheld through effective policymaking by the Ukrainian authorities, as well as significant external support."

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