The International Monetary Fund (IMF) has approved $1.4 billion in emergency support for Ukraine to finance expenditures and shore up the balance of payments. Ukraine has turned to financing from allies and international institutions to support its economy after the Russian invasion began on February 24.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The disbursement under the IMF’s Rapid Financing Instrument (RFI), equivalent to 50% of Ukraine’s quota in the IMF, will help fund urgent spending needs in the short term, while helping to catalyze financing from other partners.
Important takeaways for all competitive exams:
Did you know that calendars are not the same everywhere in the world? Different countries…
Jammu and Kashmir etched their name in history by winning the Ranji Trophy 2025-26 in…
Union Minister Sarbananda Sonowal inaugurated three key infrastructure projects on National Waterway-2 (NW-2) along the…
The Indian Air Force (IAF) displayed its combat power during Exercise Vayu Shakti 2026 at…
The Central Bank of the UAE has unveiled what it calls the world’s first sovereign…
India’s forex reserves dropped by $2.11 billion to $723.608 billion which are according to the latest…