IMF board finishes review to enable disbursing $1.1 billion to Ukraine
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FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S. REUTERS/Yuri Gripas//File Photo
WASHINGTON (Reuters) - The International Monetary Fund's board on Friday completed a review of a fund arrangement for Ukraine that would enable disbursement of $1.1 billion to the country that Russia invaded in February 2022, the IMF said in a statement.
"The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility for Ukraine, enabling a disbursement of about $1.1 billion to Ukraine, which will be channeled for budget support," the IMF said.
(Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)
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