WASHINGTON, Mar 23 (AFP): The International Monetary Fund's executive board confirmed Thursday it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package to support the country's war-torn economy.
"Russia's invasion of Ukraine continues to bring enormous social and economic costs to Ukraine," IMF managing director Kristalina Georgieva said in a statement confirming the board's decision.
"However, macroeconomic and financial stability has been preserved, reflecting skillful policymaking by the Ukrainian authorities as well as substantial external support," she added.
IMF approves release of $880m for Ukraine
FE Team | Published: March 23, 2024 22:11:02
IMF approves release of $880m for Ukraine
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