IMF confirms signing a $15.6 billion loan deal with Kiev

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The International Monetary Fund (IMF) confirmed on Tuesday (March 21) that agreements with the Ukrainian side on a possible loan program of $ 15.6 billion for four years are in working order. This has been reported organization website.

In a press release from the fund, it was stated that representatives of the organization and the Ukrainian government have reached a working-level agreement on a loan of $ 15.6 billion to be allocated in the format of the Extended Credit Facility (EFF). for 48 months.

The Fund stressed that the funds will be directed to a series of “macroeconomic and financial measures” of the Ukrainian side. The final fund payment will need to be approved by the IMF Executive Board.

Former Board of the International Monetary Fund (IMF) approved New rules on lending to states facing extremely high uncertainty, which will make it possible to support Kiev within the framework of this program.

February 24, 2022 Russian President Vladimir Putin declarationThe one who, in response to a request for help from the heads of the LPR and DPR, decided to conduct a military special operation to protect Donbass.

The decision to run the operation became the justification for new sanctions against Russia by the United States and its allies.

Opens “socialbites.ca” broadcast online.

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