According to a statement released by the IMF on Friday, Ukraine will receive $1. 3 billion in emergency aid under the new Food Shock Assistance Instrument.
According to the foundation, the new aid package intends “to promote future financial help from donors and creditors” as well as “to support Ukraine in addressing its pressing demands in terms of balance of payments.”
“Ukrainian President Volodymyr Zelensky announced that the International Monetary Fund would provide $1. 3 billion in emergency assistance to Ukraine via his official Twitter account.
Separately, Ukrainian President Volodymyr Zelensky declared on Friday that his country’s forces had retaken over 2,500 square kilometres of Russian-occupied land since the commencement of their counteroffensive at the end of September.
Zelensky stated in his daily social media intervention, “This week alone, our soldiers liberated 776 square kilometres of land in the east of our country and 29 settlements, six of them in the Lugansk area.
Since the start of this military operation, 2,434 square kilometres of our land as well as 96 settlements have been freed, he continued.
In recent days, Kyiv achieved a second important progress in the Kharkiv region in the northeast of the country, as well as in the south near the Russian-controlled city of Kherson. .
The IMF has provided Ukraine with emergency assistance totaling US$1.3 billion.
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