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IMF board finishes review to enable disbursing $1.1 billion to Ukraine'The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility for Ukraine, enabling a disbursement of about $1.1 billion to Ukraine, which will be channeled for budget support,' the IMF said.
Reuters
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<div class="paragraphs"><p>Ukrainian President Volodymyr Zelenskyy.</p></div>

Ukrainian President Volodymyr Zelenskyy.

Credit: Reuters Photo

Washington: The International Monetary Fund's board on Friday completed a review of a fund arrangement for Ukraine that would enable disbursement of $1.1 billion to the country that Russia invaded in February 2022, the IMF said in a statement.

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"The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility for Ukraine, enabling a disbursement of about $1.1 billion to Ukraine, which will be channeled for budget support," the IMF said.

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(Published 19 October 2024, 07:33 IST)