Ukraine has received US$1 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 Bank’s Development Policy Loan mechanism,” Shmyhal said.
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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 US$1.1 billion.
- Ukraine received US$1.1 billion from the IMF.
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