In October, the IMF said Ukraine needed as much as $5 billion a month and Russia has since only continued its destructive campaign, despite the United Nations General Assembly passing a non-binding resolution that called on Russia to make reparations to its neighbor in November.
Risks to the arrangement were “exceptionally high,” First Deputy Managing Director of IMF, Gita Gopinath, said, as she lauded Ukrainian authorities for maintaining financial stability despite the grueling war. Seven people were killed in Ukraine's eastern regions of Sumy, Kherson, Donetsk and Zaporizhzhia, the Ukrainian military said Saturday in a FacebookSaturday about the previous 24 hours. It added that almost 60 settlements along the frontline came under fire from artillery, tanks and air.
The loan program is designed to support Ukraine’s struggles with meeting its payments arising from the “large exogenous shock of the war,” the IMF said. It follows the previous $1.4 billion financing provided in March of last year and a follow-up of another $1.3 billion under a “food shock window” program in October.
So europeans are losing more money and prices will go up again. Now is time for rich people to save Ukraine, because this is their mess.
Lololololol..I would wait untill the Russians stop demolishing their cities..Then the racist Ukrainians will need trillions.. Hilarious
Good, now they can pay us back, right?
Hope the Russian invasion was not caused by perceived biological warfare from Isreal.
Imagine a political party so powerful, so wealthy, so cunning they can get you to believe anything. They’ll have you killing babies, indoctrinating kids into believing there’s 82 genders, ignoring sky high crime rates, embracing open borders. Democrats the party of wealth & evil.
The international community has quite an interest in Ukraine. Seems like it’s not only the Bidens Pelosi‘s and Kerry’s
But no one can stop an illegal war?
Is it for humanitarian purposes ? How will it b returned with interest rate by the general public ?
translation: WEF finds new way to launder money into their family coffers
they never approved this much loans for poor african and south asian countries ever ☕