The International Monetary Fund (IMF) announced on Thursday that it has reached a staff-level agreement with Ukrainian authorities on the eighth review of Ukraine’s ongoing $15.5 billion Extended Fund Facility (EFF).
According to an official statement from the IMF, the agreement—pending approval by the IMF Executive Board—would unlock approximately $500 million (equivalent to SDR 0.37 billion) in additional funding for Ukraine.
The EFF arrangement, launched in 2023, spans four years and is intended to support Ukraine’s macroeconomic stability, structural reforms, and post-war economic recovery amid the ongoing conflict with Russia.
Approval by the Executive Board will bring Ukraine closer to meeting its fiscal needs and reinforce investor confidence as the country continues to implement economic policies under challenging wartime conditions.
Further details on the review and disbursement timeline are expected following the Executive Board’s formal deliberations.
The U.S. military began a blockade of Iran's ports on Monday, President Donald Trump said, and Tehran threaten...
Since Monday, Monday (13 April), America has blocked traffic entering and leaving Iran's ports, in an escalation of the conflict in the Mi...
The European Union has reached a preliminary agreement to restrict foreign metal imports, nearly halving tariff-free steel volumes and imposing 50 ...
Canada’s Prime Minister, Mark Carney, has secured a parliamentary majority for the Liberal Party of Canada, strengthening his ability to gove...
North Korea conducted a complex test-firing of strategic cruise missiles and advanced anti-warship munitions on...
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
Millions of Orthodox Christians across the globe celebrated Easter, known as Holy Pascha, on Sunday (12 April) with midnight liturgies, candlelight processions and deeply rooted local traditions reflecting centuries of faith.
Afghanistan’s Foreign Ministry said on Sunday that talks with Pakistan had been positive, while Türkiye stressed the importance of stronger ties between Kabul and Islamabad.
Centre-right Peter Magyar's Tisza Party has won a landslide in Hungary after a night of counting in the Hungarian election. Viktor Orbán has conceded defeat after 16 years in power. "We have done it. Tisza and Hungary have won this election", Magyar said to cheering supporters in Budapest.
Hungary’s election winner Péter Magyar has said he does not support Ukraine’s fast-track entry to the European Union and will uphold an opt-out allowing Hungary to avoid contributing to a €90 billion EU loan for Kyiv.
The European Union has reached a preliminary agreement to restrict foreign metal imports, nearly halving tariff-free steel volumes and imposing 50 per cent tariffs on excess shipments to protect domestic industry.
Canada’s Prime Minister, Mark Carney, has secured a parliamentary majority for the Liberal Party of Canada, strengthening his ability to govern amid mounting economic pressures, including a trade dispute with U.S. President Donald Trump.
North Korea conducted a complex test-firing of strategic cruise missiles and advanced anti-warship munitions on Sunday. The drills, reported by state media on Tuesday, were framed as critical operational efficiency trials for Pyongyang's newest major surface combatant, the destroyer Choe Hyon.
A now-deleted artificial intelligence (AI) generated image by the U.S. President has sparked immense backlash across the political divide. It comes as Trump and the Pope continue their fued over the U.S.-led war in the Middle East.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of April, covering the latest developments you need to know.
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