EMerging Equity
Aid
IMF Approves 4-Year $17.5 Billion Package For Ukraine, $5 Billion For Immediate Disbursement
The Executive Board of the International Monetary Fund (IMF) yesterday (March 11th) approved a four-year extended arrangement under the Extended Fund Facility for Ukraine. The arrangement amounts to the equivalent of SDR 12.348 billion (about US$17.5 billion, 900 percent of quota) and was approved under the Fund’s exceptional access policy. The Board also took note of … Continue reading
IMF Ready To Lend $17.5 Billion To Back Ukraine Reform Plan
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement yesterday (February, 12th) in Brussels. “I am pleased to announce that the IMF team working in Kiev has reached a staff-level agreement with the Ukrainian government on a new economic reform program that would be supported by an Extended Fund Facility of … Continue reading
IMF Links Aid To Ukraine To Peace
By BNE IntelliNews Christine Lagarde, head of the International Monetary Fund, has for the first time publicly linked IMF funding for Ukraine to an end to conflict in the country’s east. “In order to reform its economy, Ukraine need stable borders, this is indispensable,” she told Le Monde during an interview at the World Economic Forum in Davos on … Continue reading
Does Chinese Aid Mainly Go to African Presidents’ Villages?
By Deborah Brautigam A new paper released by the folks at AidData argues that Chinese aid goes disproportionately to the birthplace regions of African leaders. Media comment is building up on this paper, and an article in The Guardian seems to be leading the way. I am actually somewhat sympathetic to the argument of the … Continue reading
