January 26, 2023 18:49 GMT
IMF Said To Be Weighing Multi-Year $16 Billion Aid Package
UKRAINE
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- The International Monetary Fund is exploring a multiyear aid package for Ukraine worth as much as $16 billion to help cover the country’s needs and provide a catalyst for more international funding while Kyiv tries to repel Russian forces, according to people familiar with the matter. (Bloomberg)
- The report indicates that the program's implementation hinges on a range of conditions, including endorsement from Group of Seven nations, and Ukraine’s donors and creditors ensuring the sustainability of the country’s debt, according to the people.
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