The IMF has transferred $ 1.4 billion in aid to Ukraine
The International Monetary Fund transferred $ 1.4 billion to Ukraine. USA under the emergency support program. This was announced by NBU Chairman Kirill Shevchenko on Thursday, March 10,
Ukraine , Ukrainegate , 10 , March , 2022 | Ukraine News
Quote
“Today, the International Monetary Fund transferred $ 1.4 billion to Ukraine in the equivalent of the Rapid Financing Instrument emergency support program in accordance with the decision of the IMF Board of Directors,” confirmed NBU Chairman Kyrylo Shevchenko.
Details
According to the NBU, the funds under this program will help finance the priority expenditures of the state budget and maintain Ukraine’s balance of payments.
The final decision on the use of funds by Ukraine will be made by the Ministry of Finance as Ukraine’s financial agent in relations with the Fund.
Addition
On the night of March 10, the Executive Board of the International Monetary Fund approved a disbursement of $ 1.4 billion under the RFI instrument to help meet urgent funding needs and mitigate the economic impact of the war.
Source: Ukrgate
