Posted 3/22/2024, 12:08:00 AM
IMF Approves $880 Million Ukraine Loan Installment, War Expected to Wind Down by 2024 But Risks Remain High
- IMF board approves $880 million loan payment for Ukraine, third payment so far totaling $5.4 billion
- IMF expects war in Ukraine to wind down by end of 2024
- Ukraine met all but one economic target, with strong performance in IMF program
- Risks remain high due to uncertainty of war and financing needs
- IMF says timely donor support critical to safeguard Ukraine's economic stability