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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 →