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.
Uzbekistan has increased up electricity exports to Tajikistan as part of wider regional efforts to stabilise energy supplies during periods of seasona...
Iran has summoned the ambassador of Republic of Cyprus Petros Nacouzis over remarks made by his country regarding Iran’s territorial integrity....
The European Union faces a critical decision on how to finance Ukraine’s war effort, divided over whether to use frozen Russian assets or jointly bo...
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Kyrgyzstan has joined the TRACECA multilateral permit system, a move analysts say will deepen regional integration, cut transport costs and ease cross...
Uzbekistan has increased up electricity exports to Tajikistan as part of wider regional efforts to stabilise energy supplies during periods of seasonal shortage and reduced water availability.
Iran has summoned the ambassador of Republic of Cyprus Petros Nacouzis over remarks made by his country regarding Iran’s territorial integrity.
More than 17 million people in Afghanistan are facing acute food insecurity this winter, according to the United Nations World Food Programme (WFP).
The latest clashes between Thailand and Cambodia mark a dangerous escalation in one of Southeast Asia’s oldest and most sensitive disputes.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
Cambodia must be the first to declare a ceasefire in the ongoing border conflict, Thailand said on Tuesday (16 December), as fighting continued despite earlier claims that hostilities would stop and at least 52 people have been killed on both sides.
Schools across Cambodia and Thailand were forced to close on Monday (15 December) as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
U.S. President Donald Trump confirmed that his administration is examining whether Israel violated the Gaza ceasefire agreement by conducting an airstrike on Saturday (13 December) that killed Hamas leader Raad Saad.
Ukraine’s domestic security service, the SBU, says it struck a Russian Kilo‑class submarine in the Black Sea port of Novorossiysk, causing critical damage.
The European Union faces a critical decision on how to finance Ukraine’s war effort, divided over whether to use frozen Russian assets or jointly borrow funds through 2027.
More than 17 million people in Afghanistan are facing acute food insecurity this winter, according to the United Nations World Food Programme (WFP).
In the complex world of international diplomacy, the ongoing tensions between India and Pakistan have raised significant questions about the role of third-party mediation.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 17th of December, covering the latest developments you need to know.
Plans for a $500 million Trump Tower in Belgrade have been cancelled after protests and a legal investigation. The project, backed by Jared Kushner, former White House adviser, was halted after Serbian prosecutors indicted officials over removing the site's cultural heritage status.
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