The fighting in eastern Ukraine has pushed the country deeper into an economic tailspin, and the strife-torn nation will need billions of dollars of new asssistance this year, economists say. Less than three months after approving a $17 billion loan package for Ukraine, the International Monetary Fund has revised its forecasts, predicting a sharper economic downturn, lower tax revenues, a spike in military expenditures and new costs to repair bridges and other infrastructure damaged by fighting.

BING NEWS:
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    05/20/2024 - 3:00 am | View Link
  • Sec. Blinken Announces Additional $2 Billion Aid for Ukraine
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    05/17/2024 - 9:57 am | View Link
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