عربي English Türkçe اردو فارسى
Logo
Latest News
World

IMF, Ukraine Reach Staff Level Agreement on $15.6b 'EFF Arrangement'

IMF logo / Reuters
IMF logo / Reuters
TT
TT

IMF, Ukraine Reach Staff Level Agreement on $15.6b 'EFF Arrangement'

IMF logo / Reuters
IMF logo / Reuters

The International Monetary Fund announced on Tuesday that it reached with Ukrainian authorities a staff have a staff-level agreement that would be supported by a new 48-month Extended Fund Facility (EFF) Arrangement.

It said the EFF, with requested access of around $15.6 billion aims to support the Ukrainian authorities anchor policies that sustain fiscal, external, price and financial stability, and support the ongoing gradual economic recovery, while promoting long-term growth in the context of post-war reconstruction and Ukraine’s path to EU accession.

IMF Mission Chief for Ukraine Gavin Gray made the announcement, saying the agreement with the Ukrainian authorities is on a 4-year IMF-supported program, noting that it would be subject to approval by the IMF Executive Board, with Board consideration expected in the coming weeks.

“The staff-level agreement reflects the IMF’s continued commitment to support Ukraine and is expected to help mobilize large-scale concessional financing from Ukraine’s international donors and partners over the duration of the program," he added.

Most Viewed

 
 
World

Rome's Chief Rabbi Criticizes Pope Francis over Israel Remarks

FILE PHOTO: Rabbi Riccardo Di Segni speaks with Pope Francis during an inter-religious prayer for peace at the Colosseum in Rome, Italy, October 25, 2022. REUTERS/Remo Casilli/File Photo
FILE PHOTO: Rabbi Riccardo Di Segni speaks with Pope Francis during an inter-religious prayer for peace at the Colosseum in Rome, Italy, October 25, 2022. REUTERS/Remo Casilli/File Photo
TT
TT

Rome's Chief Rabbi Criticizes Pope Francis over Israel Remarks

FILE PHOTO: Rabbi Riccardo Di Segni speaks with Pope Francis during an inter-religious prayer for peace at the Colosseum in Rome, Italy, October 25, 2022. REUTERS/Remo Casilli/File Photo
FILE PHOTO: Rabbi Riccardo Di Segni speaks with Pope Francis during an inter-religious prayer for peace at the Colosseum in Rome, Italy, October 25, 2022. REUTERS/Remo Casilli/File Photo

Rome's chief Jewish rabbi on Thursday sharply criticised Pope Francis over the pontiff's recent ramping up of criticism against Israel's military campaign in Gaza, in an unusually forceful speech during an annual Catholic-Jewish dialogue event.
Francis has unfairly focused his attention on Israel compared to other ongoing world conflicts, including those in Sudan, Yemen, Syria and Ethiopia, said Rabbi Riccardo Di Segni, spiritual leader of Rome's Jewish community since 2001.
"Selective indignation ... weakens the pope's strength," Reuters quoted Di Segni as saying.
"A pope cannot divide the world into children and stepchildren and must denounce the sufferings of all," he said. "This is exactly what the Pope does not do."
Francis, leader of the 1.4-billion-member Roman Catholic Church, has recently been more outspoken about Israel's military campaign against Palestinian militant group Hamas. Last week, he called the humanitarian situation in Gaza "very serious and shameful".
A complex ceasefire accord between Israel and Hamas emerged on Wednesday, and is scheduled to start on Sunday.
Relations between the Catholic Church and Judaism have improved in recent decades, after centuries of animosity. The event on Thursday, held at a Catholic university, was organized to mark the 36th annual World Day of Catholic-Jewish Dialogue.
One of the organizers, Rev. Marco Gnavi, a Catholic priest, expressed surprise at Di Segni's comments.
He said he felt "discomfort" because of the rabbi's words.