IMF to consider $1.3 bln in emergency funding for Ukraine on Oct. 7
The International Monetary Fund's (IMF) executive board will consider Ukraine's request for $1.3 billion in emergency funding on Thursday 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 emergency funds, the sources told Reuters. IMF staff are slated to meet with Ukrainian authorities in Vienna the week of Oct. 17 for technical discussions about Ukraine's economic plans, one of the sources added.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Ukrainian
- Vienna
- Ukraine
- The International Monetary Fund's
- Russia
ALSO READ
Russian military says it shot down five Ukrainian drones overnight
Eight dead in Ukrainian shelling of Russia-controlled town, Russia-installed official says
Ten dead in Ukrainian shelling of Russia-controlled town, Russia-installed official says
Zelenskiy, Ukrainian commanders consider the front, weapons supplies
EXPLAINER-Why is Russia trying to capture the Ukrainian town of Chasiv Yar?