International Monetary Fund chief Kristalina Georgieva.
She said the IMF was also working to ensure board approval for a proposal aimed at expanding emergency aid for Ukraine and other countries facing urgent balance of payments problems due to Russia’s war against Ukraine. Alfred Kammer, director of the IMF’s European department and his deputy, Julie Kozack, will meet with Ukrainian officials in the Bosnian capital of Sarajevo this week, an IMF spokesperson said.She said they discussed how the global lender could “continue to back Ukraine and agreed to explore ways to ramp up our financial and policy engagement to using all tools available to us.”
Ukraine’s central bank governor, Kyrylo Shevchenko, told Reuters in July that Kyiv was seeking $15-20 billion from the IMF over two or three years – an amount that would put Ukraine well over the fund’s “exceptional access limit” for lending.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABCNews - 🏆 37. / 51 Read more »