Wed, 2023-03-22 11:20
WASHINGTON: The International Monetary Fund has 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, according to Reuters.
The agreement, which must still be ratified by the IMF’s board, takes into consideration Ukraine’s path to accession to the EU after the war. The fund said its executive board was expected to discuss approval in the coming weeks.
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