The IMF estimates Ukraine will need between $40 billion and $57 billion in external financing in 2023.The IMF estimates Ukraine will need between $40 billion and $57 billion in external financing in 2023.
The International Monetary Fund said on Monday it has approved a four-month programme for Ukraine that is aimed at maintaining economic stability following Russia’s invasion of the country, and helping promote donor financing. It said the four-month “Programme Monitoring with Board involvement ” was approved by the IMF’s management on December 9 and discussed by its board on Monday, adding that it will help Ukraine implement prudent policies and “catalyze” external financing.
“Large and predictable external financial support will be critical for the success of the authorities’ strategy, and frontloaded disbursements would help address strains in early 2023,” IMF First Deputy Managing Director Gita Gopinath said in a statement. Gavin Gray, the IMF’s mission chief for Ukraine, told reporters that the IMF estimates the country will need between $40 billion and $57 billion in external financing in 2023.
4 more months of hell for that country. Alteast they are making a lot of money and asserting more control elsewhere right?
What about Congo? Why is the world not taking Africa serious? You make chaos in our continent and you loot our resources to help your own.
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Russian stocks sink after Ukraine invasion and sanctions trigger investor exodusRussia’s RTS index has fallen 35% this year and the MOEX Russia index, priced in roubles, has plummeted 44%
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