![]() The IMF also said Ukrainian authorities “deserve considerable credit for having maintained an important degree of macro-financial stability in these extremely challenging circumstances.”įor her part, IMF Managing Director Kristalina Georgieva said that key policies have been geared toward safeguarding priority expenditures and preserving financial stability. “The money will go to Ukraine today,” he said on Twitter, thanking the crisis lender’s managing director Kristalina Georgieva and its executive board. ![]() Ukrainian President Volodymyr Zelenskyy had unveiled the IMF’s aid earlier Friday. Real GDP is projected to contract by 35 percent in 2022 relative to 2021 and financing needs remain very large.”įor all the latest headlines follow our Google News channel online or via the app. “The scale and intensity of Russia’s war against Ukraine that started more than seven months ago have caused tremendous human suffering and economic pain. while playing a catalytic role for future financial support from Ukraine’s creditors and donors,” the IMF said in a statement. ![]() ![]() The package will help meet Ukraine’s “urgent balance of payment needs. The International Monetary Fund announced Friday it will provide $1.3 billion in emergency aid to Ukraine through its new food crisis assistance program.
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