The war in Ukraine continues to weigh on the country’s economy. Faced with this, the International Monetary Fund announced this Friday, December 20, to pay more than a billion additional dollars to kyiv. A payment which comes a little in advance, while Donald Trump, who will take office on January 20 as president of the United States, threatens to reduce American aid to Ukraine.
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After already a check signed in September, the pace of IMF payments is accelerating. Nearly $10 billion has already been paid in less than two years, out of the $15 billion promised by 2027.
THE International Monetary Fund welcomes the country’s economic stability despite the war and attacks on Ukraine’s energy system.
In exchange for this new payment, the Parliament in kyiv adopted a series of measures to boost state revenues next year, in particular by increasing taxes on businesses.
The IMF payments are part of the international aid plan approved in March last year: $122 billion in total. A sum which does not include, however, the billions in American military aid.
Aid that Donald Trump threatens to significantly reduce upon his return to the White House on January 20.
Also readUkraine: what future for the country with Donald Trump back in the White House?
So before this date, the president Volodymyr Zelensky is increasing its appeals to its allies to send aid to Ukraine, in particular military aid, as it repeated again Thursday in Brussels.
Due to the war, the country’s growth is expected to slow next year to 2.5 to 3.5%, estimates the IMF, below the 4% recorded this year.
Also readThe IMF validates a $15 billion aid plan for Ukraine