Ukraine unlocks $5.5b IMF loan in preliminary accord


Ukraine sealed a preliminary $5.5 billion loan program with the International Monetary Fund, giving President Volodymyr Zelenskiy a boost before peace talks with Russia.

KIEV: Ukraine sealed a preliminary $5.5 billion loan program with the International Monetary Fund, giving President Volodymyr Zelenskiy a boost before peace talks with Russia.

The staff-level agreement includes policies to be carried out by Ukraine’s government to underpin the three-year program, IMF Managing Director Kristalina Georgieva said in a statement late Saturday after a phone call with Zelenskiy.

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