Ukraine receives US$1 billion from Japan and the UK
www.pravda.com.ua
Tue, 24 Dec 2024 14:25:31 +0200
Ukraine has received US1 billion from Japan and the United Kingdom.
Source Ukrainian Prime Minister Denys Shmyhal on Telegram Quote The tranche was received under the guarantees of the governments of these countries as part of the World Banks Development Policy Loan mechanism, Shmyhal said.
He said the funds will be directed towards strengthening the economy and financing priority expenditures in the social and humanitarian sectors.
Background The Board of Directors of the International Monetary Fund IMF completed the sixth review of the extended funding programme for Ukraine and approved the allocation of a new tranche of US1.1 billion. Ukraine received US1.1 billion from the IMF.
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