As a result of the Russian invasion According to the International Monetary Fund (IMF), Ukraine has requested emergency aid. The IMF has a number of options to support the Ukrainian government and will continue talks with Kiev to clarify how best to help, IMF chief Kristalina Georgieva said on Friday. This will also be done in cooperation with the World Bank and other partners “to coordinate our support and ensure that Ukraine benefits as much as possible,” Georgieva said.
The IMF did first no information on the amount of emergency aid desired by Kiev or the modalities of a possible loan. Referring to the war against Ukraine launched by Russia, Georgieva wrote: “The conflict also has serious economic consequences, which will worsen the longer it lasts.”
The fund is also available if other countries need help due to possible economic distortions or problems in commodity markets as a result of the conflict, Georgieva said.