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IMF agrees $15bln loan to Ukraine


The International Monetary Fund (IMF) Saturday said its executive board approved a $15.6 billion financing package for embattled Ukraine over four years as part of a $115 billion international support package.

According to Euro News, the IMF stated that the new stream of funds would release about $2.7 billion immediately to Ukraine. It expressed its expectation that the decision would help collect large-scale financing from donors and international partners for Ukraine.

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