The International Monetary Fund (IMF) has approved a $15.6 billion program for Ukraine. Ukraine will receive the money in installments over the next 4 years.
According to Saudi media, this IMF loan package is part of the global assistance program under which 115 billion dollars will be given to manage the economy of the country affected by Russia’s attack for the past 13 months.
Earlier, US officials said they were expected to announce a $2.6 billion US military aid package for Ukraine’s fight against Russia, which could include aerial surveillance radars, anti-tank rockets and fuel trucks.
Secretary of State Antony Blanken will support countering Russia’s efforts to weaponize energy and retaliate against Ukraine when he meets with NATO foreign ministers in Brussels next week, a top US diplomat said.