UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Zelensky: Ukraine will use IMF tranche to support financial system, combat COVID-19.

Ukrainian President Volodymyr Zelensky has thanked the IMF Executive Board for the decision to allocate a tranche of almost $700 million to Ukraine.

According to Ukrinform, the head of state wrote about this on his Twitter account.

"I am grateful to the IMF [Executive] Board for the decision to complete the review of the stand-by program on the allocation of a tranche of about $700 million," Zelensky said.

He said the funds would be used to support the financial system and combat the consequences of the COVID-19 pandemic.

"The IMF program will be continued," Zelensky added.

At a meeting to review the ongoing Stand-By Arrangement with Ukraine, the IMF Executive Board decided to extend the program and allocate a tranche of about $700 million.

Photo: President's Office

Related news
Indonesia volcano's violent eruption causes widespread damage.

Indonesia volcano's violent eruption causes widespread damage.

THOUSANDS of people have been forced to flee after a volcano erupted in Indonesia. Smoke and ash were sent spewing 13,000 ft into the air from Mt Ile Lewotolok in Indonesia's East Nusa Tenggara province. The Sun newspaper brings you the latest bre...

Lara Trump: Democratic policies destroying once-great American cities.

Lara Trump: Democratic policies destroying once-great American cities.

'The Big Saturday Show' co-hosts take Biden and Psaki to task for crime and the omicron travel bans. #FoxNews #TheBigSaturdayShow Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour al...

Pope Francis visits migrants on Greek island of Lesbos - DW News.

Pope Francis visits migrants on Greek island of Lesbos - DW News.

Pope Francis has called Europe's neglect of refugees the "shipwreck of civilization," urging governments to do more to protect them. The Pope is visiting migrants on the Greek island of Lesbos, where more than 2,000 people are living in a camp for...

Sky News Breakfast: UK could see 'more stringent measures' in New Year.

Sky News Breakfast: UK could see 'more stringent measures' in New Year.

On Sky News Breakfast for Sunday, December 5: - Storm Barra set to batter UK as thousands of homes still without power nine days after Storm Arwen. - National investigation launched over six-year-old Arthur Labinjo-Hughes' murder. - NHS planning t...

Christine McGuinness on 'amazing' autism diagnosis

Christine McGuinness on 'amazing' autism diagnosis

Experts say thousands of cases of autism in women could be going undiagnosed. Presenter Melanie Sykes and reality TV star Christine McGuinness are among those who were told as adults they have autism. Why are women prone to such late diagnosis? SU...

Maine police department offers $20,000 signing bonus for new hires amid shortages.

Maine police department offers $20,000 signing bonus for new hires amid shortages.

Brewer police chief Jason Moffitt joined 'Fox & Friends Weekend' to discuss the incentives offered to attract new hires, including a $20,000 signing bonus. #FoxNews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX...