December 8, 2022

The Queens County Citizen

Complete Canadian News World

Ukraine has asked the IMF for emergency financial assistance

Ukraine has asked the IMF for emergency financial assistance

(Washington) Ukraine has requested emergency financial assistance from the International Monetary Fund, the company’s managing director, Kristalina Georgieva, said in a statement Friday after a meeting with the board of directors.

Posted at 5:06 pm yesterday.

“We are exploring all options for additional financial assistance, including a $ 2.2 billion aid package to be released by June, and” the authorities have also requested IMF emergency financing, “he said.Me Georgia.

“The fund has many tools in its toolbox and as the situation in Ukraine improves, we will continue to discuss with the authorities how best to help them,” she added, referring to “ongoing policy advice.”

The director of the company said, “She met with the board of directors on Friday to inform the directors of our preliminary assessment of the current situation.” Our staff assured them that they would continue to work with the authorities.

“We will also continue to work with the World Bank Group and other partners to coordinate our support and assist Ukraine in the best possible way,” she added.

MMe Georgia has already expressed concern about Russia’s invasion of Ukraine earlier in the week.

She reiterated that Russia’s invasion of Ukraine was “a matter of grave concern”, but warned that the world was still recovering from the COVID-19 crisis.

READ  Supermarkets | Private brands at the fore