IMF and Ukraine reach $15.6 billion loan agreement ...Middle East

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WASHINGTON: The International Monetary Fund (IMF) said Tuesday it has reached agreement with Ukrainian authorities on a loan package worth around $15.6 billion, to support the conflict-hit country's economic recovery.The European country has been locked in a deadly war with Russian troops since they invaded the country in February last year.“In addition to the horrific humanitarian toll, Russia’s invasion of Ukraine continues to have a devastating impact on the economy,“ IMF Ukraine mission chief Gavin Gray said, according to the statement.The four-year plan, which is subject to approval from the IMF board, would support Ukraine’s “ongoing gradual economic recovery, while promoting long-term

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