IMF executive board okays $1.3B allocation to Ukraine

The Executive Board of the International Monetary Fund (IMF) has decided to allocate $1.3 billion in emergency financing to Ukraine, President of Ukraine Volodymyr Zelenskyy wrote on his Twitter page, Report informs.

“The Executive Board of the IMF has just supported the provision of about $1.3 billion to Ukraine under the Rapid Financing Instrument. The money will go to Ukraine today,” Zelenskyy tweeted.