Saturday, 10 June 2023 12:48 GMT

IMF Agree $15.6Bln Aid Plan For Ukraine


(MENAFN- Jordan News Agency)


Washington, March 22 (Petra) - The International Monetary Fund (IMF) Wednesday said it had agreed with the Ukrainian government on a $15.6 billion assistance plan to support a gradual economic recovery while creating conditions for long-term growth in the post-conflict period.
According to the Washington Post, the head of the IMF's field mission, Gavin Gray, said in a statement: "In addition to the terrible human losses, the devastating impact of the war in Ukraine continues on its economy, as GDP declined by 30 per cent in 2022, and a large part of the country's industrial sector was destroyed, and poverty has gone up."
US Treasury Secretary Janet Yellen said in a statement that the US would continue to support the Ukrainian government and people as "long as possible," according to the Washington Post.

MENAFN22032023000117011021ID1105839170


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.