The International Monetary Fund and Ukraine have agreed to terms that pave the way for a huge relief package. It’s designed to prop up the government’s intense military spending and the blows Russian forces have dealt to the economy. New rules crafted by the IMF allow the international financier to steer funds to countries suffering from “exceptionally high uncertainty.” The World’s Marco Werman talks to Jeromin Zettlemeyer, former deputy chief economist at the European Bank for Reconstruction and Development about this loan.
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!