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Ukraine external financing needs could reach $5 bln a month, IMF's Georgieva

News 16:31 25 Oct, 2022
Ukraine external financing needs could reach $5 bln a month, IMF's Georgieva

Ukraine's external financing needs will be around $3 billion a month through 2023 in a best case scenario, but could rise as high as $5 billion if Russian bombing becomes "even more dramatic," Qazet.az report according to IMF Managing Director Kristalina Georgieva.

The International Monetary Fund is working with Ukrainian authorities to help define and implement its macroeconomic policies and what will be required to become a member of the European Union, as well as reliable financial gap projections, she told a conference in Berlin on Tuesday.