- IMF has agreed to provide Ukraine with $15.6bn loan to support its economy following Russia's invasion.
- The program will last for 2 stages with the first 12-18 months focusing on fiscal, external, price, financial stability.
- Ukraine will work on increasing tax collection and eliminating monetary financing during the first stage of the program.
- Second stage will last 4 years and will aim to entrench macroeconomic stability and support recovery.
Financial Times — World — IMF loan — Economy — Politics — Investment
Ukraine clinches $15.6bn IMF loan
Ukraine secures $15.6bn IMF loan to shore up its economy following Russia's invasion. The program will last for 2 stages and aims to entrench macroeconomic stability.