Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine's media outlet Hromadske reported, citing the country's Prime Minister Denys Shmyhal.
"We are talking about 5 billion dollars a month -- the need for this amount has been confirmed by both the IMF and the World Bank. These are the funds that the budget of Ukraine needs in order to fulfill all our social and humanitarian obligations," Shmyhal said on Wednesday.
He added that the IMF has already set up a special administrative account through which Ukraine's partners will provide assistance for Kiev in the form of grants and loans, Xinhua news agency reported.
--IANS
int/khz/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)