Skip to content
Edit post

IMF: Ukraine may need up to $5 billion in financial aid monthly in 2023

by The Kyiv Independent news desk October 25, 2022 9:38 PM 1 min read
This audio is created with AI assistance

The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Oct. 25 that Ukraine’s external financing needs in 2023 will be around $3 billion to $4 billion a month in a best-case scenario but could reach $5 billion as Russia targets the country’s critical infrastructure.

“Ukraine’s recovery and reconstruction will require a massive and sustained effort by the Ukrainian people. And we, the international community, are called upon to do our part,” she said.

President Volodymyr Zelensky said on Oct. 25 at the International Expert Conference on the Recovery, Reconstruction, and Modernization of Ukraine that the country urgently needs $17 billion for reconstruction.

Russia's ‘blackout blitz’ on Ukrainian energy sites escalates ahead of winter
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
5:17 PM

Zelensky signs bill on conditions for demobilization of conscripts.

According to President Volodymyr Zelensky's original proposal, conscripts whose term of service expired during martial law and whose military service was extended beyond the established period are released from service to the reserve "within the terms determined by the presidential decree."
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.