www.universalcurrentaffairs.com

IMF Executive Board Approves US$ 1.4 Billion in Emergency Financing Support to Ukraine.

The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$1.4 billion (SDR 1,005.9 million) under the Rapid Financing Instrument (RFI) to help meet urgent financing needs and mitigate the economic impact of the war.

The Executive Board expressed its strong support for the Ukrainian people.

The Fund expresses its deepest sympathy to the Ukrainian people in these extraordinarily difficult times and will remain closely engaged with the Ukrainian authorities.

Source: https://reliefweb.int

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