Ukraine has only 10% of what it needs for its air defenses, says Zelensky
Ukraine has received additional emergency funding from the International Monetary Fund (IMF), according to Ukraine’s Prime Minister.
“Ukraine has received $1.3 billion in additional emergency financial assistance from the International Monetary Fund. The funds will be used to finance priority needs: reinforcement of defense capacities, payment of pensions, social programs and support for the economy,” declared Denys Shmyhal.
« In total, the IMF has provided our country with $2.7 billion since the start of the full-scale war, » he said.
On Oct. 7, the IMF’s Executive Board approved additional funds « under the Rapid Financing Instrument (RFI) food shock window to help meet the country’s urgent balance of payments needs. ‘Ukraine ».
« The scale and intensity of Russia’s war against Ukraine, which began more than seven months ago, has caused enormous human and economic suffering, » the IMF said in a press release. last week.
« This disbursement under the RFI (equivalent to 50% of Ukraine’s quota in the IMF) will help meet urgent balance of payments needs, in particular due to a large grain export deficit. , while acting as a catalyst for additional financial support from Ukraine’s creditors and donors,” the IMF added.