Ukraine-IMF reaches staff-level agreement over a $15.6 billion loan to the nation at war

Ukraine-IMF reaches staff-level agreement over a $15.6 billion loan to the nation at war.

IMF staff forecasts for Ukraine’s economy this year range from a 3% contraction to a 1% expansion, after a slump of 30% in 2022.

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The agreement is expected to be finalized with the approval of the IMF board in the coming weeks.

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The unprecedented agreement required the IMF to change its policies.

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