imf approves 1 billion in ukraine aid after long delay
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

IMF approves $1 billion in Ukraine aid after long delay

Arab Today, arab today

Arab Today, arab today IMF approves $1 billion in Ukraine aid after long delay

Washington economy
Washington - Arab Today

 The International Monetary Fund on Wednesday said it had resumed its bailout of war-torn Ukraine, approving the disbursement of $1 billion from an aid package that was held up since August 2015.

The IMF said Wednesday its Executive Board, which represents 189 countries, had met and approved the resumption. The lending is intended to support Kiev's economic recovery program.

 
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