IMF-Ukraine reach economic recovery loan deal

WASHINGTON, March 22 - International Monetary Fund. Or the IMF (IMF) has reached an agreement with Ukraine. A loan worth 15.6 billion US dollars (approximately 538,566 million baht) to help restore the Ukrainian economy, which has been in the war for more than a year.

Gavin Gray, head of the IMF's Ukraine mission team, said: "In addition to the horrendous humanitarian losses, Russia's invasion of Ukraine continues to have a devastating effect on Ukraine's economy. and promote long-term growth in post-war national reconstruction. Including that Ukraine is moving towards becoming a member of the European Union (EU), the IMF board will consider approving the loan in a few weeks.

Mr. Gray stated that Ukraine's economic activity to drop by 30 percent in 2022, poverty increases and lost a lot of capital The IMF expects the Ukrainian economy to recover slowly over the next few quarters as activities resume after major infrastructure damage. But sudden macroeconomic challenges remain. due to a sudden and widespread fiscal deficit.-Thai News Agency

Source: Thai News Agency

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