IMF's Georgieva says Ukraine needs $42 billion in budgetary support this year

Aftermath of a Russian missile strike in Chernihiv
Rescuers work at the site of a destroyed building during a Russian missile strike, amid Russia's attacks on Ukraine, in Chernihiv, Ukraine April 17, 2024. REUTERS/Valentyn Ogirenko/File Photo
Source: REUTERS

IMF's Georgieva says Ukraine needs $42 billion in budgetary support this year

Ukraine needs $42 billion in budgetary support this year as it continues to fight against Russia's invasion, the head of the International Monetary Fund said on Thursday, adding that she saw global support for Ukraine remaining firm.

IMF Managing Director Kristalina Georgieva said Russia's war against Ukraine needed to end, calling it both a human tragedy and a drag on growth prospects for the global economy.

This article was produced by Reuters news agency. It has not been edited by Global South World.

Share

Share

Categories

Most popular tags