Ukraine expects final approval for new IMF loan within weeks

Ukraine expects the IMF to approve a new $8.2 billion loan program within weeks. The deal aims to stabilize the economy as the war enters its fifth year.

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Ukraine UAUA expects the International Monetary Fund Board to formally approve a new $8.2 billion programme in the coming weeks, a move intended to bolster the nation's fiscal resilience. This new arrangement would replace an existing $15.6 billion facility as the government under President Volodymyr Zelenskiy seeks to maintain economic stability and essential public spending. The approval is anticipated to occur around the four-year anniversary of the full-scale invasion by Russia RURU, with reports from Reuters suggesting a timeline within February.
A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., on November 24, 2024. REUTERS/Benoit Tessier//File Photo
A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., on November 24, 2024. REUTERS/Benoit Tessier//File Photo
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