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.
President Emeritus of the European Council Charles Michel has called for a more coherent, autonomous EU policy on China and regional diplomacy, warnin...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 20th of August, covering the latest developments you need to k...
The White House debuted on TikTok on 20 August with a pro-Trump video, entering the platform even as its future in the U.S. remains uncertain under a ...
A Russian drone strike on the city of Okhtyrka in Ukraine’s northeastern Sumy Oblast injured 12 people, including two children, according to local a...
U.S. President Donald Trump said on Tuesday he had ruled out putting U.S. troops on the ground in Ukraine, but said the United States might provide ai...
President Emeritus of the European Council Charles Michel has called for a more coherent, autonomous EU policy on China and regional diplomacy, warning against over-reliance on the U.S. or Russia in shaping Europe’s global direction.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 20th of August, covering the latest developments you need to know.
U.S. President Donald Trump said on Tuesday he had ruled out putting U.S. troops on the ground in Ukraine, but said the United States might provide air support as part of a deal to end Russia's war in the country.
Russia offered “almost immediate” concessions during last week’s Alaska summit with former U.S. President Donald Trump, a U.S. envoy has said, signalling momentum towards a potential peace deal in Ukraine.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
President Emeritus of the European Council Charles Michel has called for a more coherent, autonomous EU policy on China and regional diplomacy, warning against over-reliance on the U.S. or Russia in shaping Europe’s global direction.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 20th of August, covering the latest developments you need to know.
The White House debuted on TikTok on 20 August with a pro-Trump video, entering the platform even as its future in the U.S. remains uncertain under a looming 17 September deadline.
A Russian drone strike on the city of Okhtyrka in Ukraine’s northeastern Sumy Oblast injured 12 people, including two children, according to local authorities.
U.S. President Donald Trump said on Tuesday he had ruled out putting U.S. troops on the ground in Ukraine, but said the United States might provide air support as part of a deal to end Russia's war in the country.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment