Due to its own lending conditions, the IMF is developing other appropriate lending programs.
[Financial Channel/Comprehensive Report] Sources said that Ukraine's allies are pushing the International Monetary Fund (IMF) to complete a loan program of US$14 billion to US$16 billion (NT$415.4 billion to 474.8 billion) to help Ukraine finances.
"Financial Times" reported that sources said that the IMF is considering an economic assistance plan lasting up to 16 billion U.S. dollars for three to four years. IMF representatives are expected to meet Ukrainian officials in Warsaw in mid-February and aim to pass the plan before the end of spring. plan.
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Ukraine stated that they are about to face a deficit of US$38 billion (NT$1.1 trillion) this year. The World Bank also estimates that more than half of Ukraine’s energy infrastructure has been destroyed by Russia. Euros (NT$579.6 billion) to aid the war-torn country.
The European Union, the United States and Kyiv have also urged the IMF to provide further financial support for Ukraine, but the process has been hampered by IMF rules that do not allow funding to war zones.
Valdis Dombrovskis, Executive Vice President of the European Commission, said that the sooner the loan is in place, the better. In these cases, the IMF usually does not lend, so the IMF is developing other appropriate loan programs.
The European Investment Bank stated that considering Ukraine's debt repayment difficulties, providing loans to Ukraine is a complicated process, and we can only continue to provide funds to Ukraine if EU countries are willing to provide further guarantees.
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