IMF to consider $1.3 billion in emergency funding for Ukraine on Friday


FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

WASHINGTON (Reuters) -The International Monetary Fund's (IMF) executive board will consider Ukraine's request for $1.3 billion in additional emergency funding on Friday as Russia's war against the country continues, two sources familiar with the matter said.

IMF staff have prepared the necessary documents and believe Ukraine has received sufficient financial assurances from its global partners to meet the IMF's debt sustainability requirements and qualify for further emergency funds, the sources told Reuters.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Int'l Women's Trade Expo kicks off in Nepal
Tanzania rules out elephant culling to curb human-wildlife conflict
Urgent: Israel cancels strikes in part of Iran amid search for 2nd crew member aboard downed U.S. jet -- media
Tanzania moves to shield economy from global shocks amid Middle East tensions
Earthquake felt in Pakistan's Islamabad
Trump seeks $152 million to reopen Alcatraz as active prison
Iranians urged to hunt for crew of downed US fighter jet
US warplane downed over Iran, crew missing
Congo in talks with US over third-country deportations, sources say
Putin holds call with Turkey's Erdogan to discuss Middle East

Others Also Read