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 United States is aiming to allow further deployments of troops and aircraft to tackle drug trafficking, U.S. Defense Secretary Pete Hegseth said o...
The U.S. Citizenship and Immigration Services said late on Wednesday it has stopped processing all immigration requests relating to Afghan nationals i...
A huge fire still burning in a Hong Kong apartment complex that has killed at least 44 people and left almost 300 missing may have been spread by unsa...
Tunisian President Kais Saied summoned the European Union’s ambassador on Wednesday to express a “firmly toned protest” regarding a perceived br...
The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine to provide $8.2 billion over four years under a renewed Extende...
Tunisian President Kais Saied summoned the European Union’s ambassador on Wednesday to express a “firmly toned protest” regarding a perceived breach of diplomatic protocol, the presidency said.
The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine to provide $8.2 billion over four years under a renewed Extended Fund Facility (EFF) programme.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
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Chinese President Xi Jinping has once again expressed strong support for Venezuelan President Nicolás Maduro, condemning foreign interference and criticising U.S. actions in the region.
A major fire continues to rage at a warehouse in Southall, west London, sending thick plumes of black smoke into the sky hours after it first broke out.
The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash.
At least 36 people have died in a fire that ravaged a residential apartment complex on Wednesday according to John Lee the chief executive of Hong Kong.
The United States is aiming to allow further deployments of troops and aircraft to tackle drug trafficking, U.S. Defense Secretary Pete Hegseth said on Wednesday.
The U.S. Citizenship and Immigration Services said late on Wednesday it has stopped processing all immigration requests relating to Afghan nationals indefinitely, after two National Guard soldiers were shot and critically wounded in Washington.
A huge fire still burning in a Hong Kong apartment complex that has killed at least 44 people and left almost 300 missing may have been spread by unsafe scaffolding and foam materials used during maintenance work, police said on Thursday.
Tunisian President Kais Saied summoned the European Union’s ambassador on Wednesday to express a “firmly toned protest” regarding a perceived breach of diplomatic protocol, the presidency said.
The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine to provide $8.2 billion over four years under a renewed Extended Fund Facility (EFF) programme.
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