The International Monetary Fund (IMF) has approved a $1.1 billion loan disbursement for Ukraine, providing crucial budget support as the country continues to face the devastating impacts of the Russian invasion. This payment is part of a larger 4-year, $15.5 billion aid program, bringing the total funds disbursed to $8.7 billion.
IMF Managing Director Kristalina Georgieva praised Ukraine’s economic resilience, noting the country’s ability to maintain macroeconomic and financial stability despite the war. However, the IMF warned of ongoing risks due to Russia’s attacks on energy infrastructure and the uncertain war outlook.
