The International Monetary Fund (IMF) provided Ukraine with a four-year loan of $15.6 billion.

(Associated Press)

[Instant News/Comprehensive Report] Global support for Ukraine continues to pour in.

The International Monetary Fund (IMF) passed a resolution on Friday local time to provide Ukraine with a four-year loan of US$15.6 billion (approximately NT$479.3 billion).

Ukrainian President Volodymyr Zelensky expressed his gratitude, emphasizing that this is crucial to the fight against Russian aggression.

Reuters reported that the loan was part of a $115 billion economic aid package approved by the IMF's executive board.

The IMF statement pointed out that after the resolution is passed, it will immediately allocate 2.7 billion U.S. dollars to Kiev and require the Ukrainian authorities to carry out large-scale reforms and reorganizations, especially in the energy sector.

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IMF officials pointed out that in addition to IMF loans, the new $115 billion aid package also includes $80 billion in subsidies and preferential loans from various institutions and countries.

Another $20 billion worth of debt relief pledges.

Ukraine needs to meet several requirements in the next two years, such as gradually raising taxes, maintaining a stable exchange rate, maintaining the independence of the central bank and strengthening anti-corruption.

In response, Zelensky tweeted, "Thanks to the IMF and Managing Director Kristalina Georgieva for the new four-year $15.6 billion support to Ukraine, which is critical to combat Russian aggression. Together we support the economy and are on the path to victory."