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IMF and Ukraine agree on $900 million tranche – Bloomberg

 IMF and Ukraine agree on $900 million tranche — Bloomberg

This will be the first time the International Monetary Fund has provided a loan to a country at war.

p>The International Monetary Fund is approaching an agreement with Ukraine to allocate an amount of $900 million in connection with the termination of assistance from the United States.

Bloombergreports this. strong>.

The publication reports that representatives of Ukraine and the IMF expressed hope that the agreement will be agreed upon this week, however, its approval will still require a corresponding decision from the IMF executive board.

These funds will be considered as a sweet spot plan if the US is unable to provide financial assistance.

In addition, the publication reports that this will be the first of four payments that Ukraine expects this year, totaling 5. 4 billion dollars.

The publication also notes that this will be the first time that the International Monetary Fund will provide a loan to a country at war.

Recall that it was previously reported that theIMF named who the decision to confiscate Russian assets depends on.

In addition, we previously reported that the IMF was told where Ukraine can get money for additional mobilization.< /p>

tsn.ua

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