the IMF disbursed emergency assistance of US$1.4 billion to Ukraine on March 9 under the Rapid Financing Instrument (RFI) to help meet urgent financing needs and mitigate the economic impact of the war. IMF staff remains closely engaged with the authorities to provide policy support as they continue to design and implement effective crisis mitigation measures. The IMF is also currently working with Moldova that has requested an augmentation of its existing IMF-supported program. The Fund stands ready to support neighboring and other countries affected by the spillovers of the war through all its instruments.
The key interview this week definitely was with IMF’s Kristalina Georgieva who elaborated on how the global sanctions are affecting Russia and what could be the overall impact of growing sanctions on Russia’s economy. Here is a short sound-bite from the interview with Face the Nation. The key interview this week definitely was with IMF’s Kristalina Georgieva who elaborated on how the global sanctions are affecting Russia and what could be the overall impact of growing sanctions on Russia’s economy. Here is a short sound-bite from the interview with Face the Nation.
