{"id":1687455,"date":"2022-10-13T04:20:19","date_gmt":"2022-10-13T08:20:19","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687455"},"modified":"2022-10-13T04:20:32","modified_gmt":"2022-10-13T08:20:32","slug":"ukraine-needs-4-billion-a-month-to-keep-government-operating-imf","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ukraine-needs-4-billion-a-month-to-keep-government-operating-imf\/","title":{"rendered":"Ukraine Needs $4 Billion a Month to Keep Government Operating: IMF"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fukraine-needs-4-billion-a-month-to-keep-government-operating-imf%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687455&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"https:\/\/www.theepochtimes.com\/t-ukraine\">Ukraine<\/a> needs\u00a0between $3 billion and $4 billion a month in financial help to ensure its government does not collapse amid its ongoing conflict with <a href=\"https:\/\/www.theepochtimes.com\/t-russia\">Russia<\/a>,\u00a0the International Monetary Fund (IMF) said on Wednesday.<\/p>\n<p>\u201cIndeed, the Ukrainian authorities have done an impressive job in managing their economy through extremely difficult circumstances following Russia\u2019s invasion,\u201d\u00a0IMF Managing Director\u00a0Kristalina Georgieva\u00a0<a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2022\/10\/12\/sp-md-remarks-at-the-ukraine-ministerial-roundtable\">said<\/a> at the Second Ministerial Roundtable Discussion for Support to Ukraine in\u00a0Washington, D.C.<\/p>\n<p>Despite this,\u00a0Georgieva\u00a0said Ukraine\u2019s financing needs will remain strong throughout next year.<\/p>\n<p>\u201cThis requires actions on the part of the authorities but importantly also the international community,\u201d\u00a0Georgieva\u00a0said. \u201cThe external financing requirement will remain large as long as the war is ongoing. Our current thinking is that the financing requirements will be around\u00a0US$3-US$4 billion per month\u00a0in 2023.\u201d<\/p>\n<p>Georgieva noted that the billions of dollars in financial aid would go towards much-needed resources for basic\u00a0social services, rebuilding of infrastructure in the country, and energy imports.<\/p>\n<p>\u201cWe all have to be alive to the possibility that social and infrastructure requirements could push financing needs beyond this range, depending on the evolution of the war,\u201d she noted.<\/p>\n<p> Zelensky Appeals to Donors <\/p>\n<p>The IMF\u2019s estimate came on the same day that Ukrainian President\u00a0Volodymyr Zelensky made an appeal to international donors for billions of dollars in financial aid.<\/p>\n<p>Zelensky said roughly\u00a0$38 billion to $55 billion was needed to\u00a0cover next year\u2019s estimated budget deficit, and another $17 billion was needed to help the country begin rebuilding\u00a0critical infrastructure, including schools, housing, and energy facilities.<\/p>\n<p>\u201cThe more assistance Ukraine gets now, the sooner we\u2019ll come to an end to the Russian war, and the sooner and more reliably we will guarantee that such a cruel war will not spread into other countries,\u201d Zelensky said via\u00a0video teleconference to finance ministers at the World Bank and IMF annual meetings on Wednesday.<\/p>\n<p>The IMF and World Bank<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ukraine needs\u00a0between $3 billion and $4 billion a month in financial help to ensure its government does not collapse amid its ongoing conflict with Russia,\u00a0the International Monetary Fund (IMF) said on Wednesday. \u201cIndeed, the Ukrainian authorities have done an impressive job in managing their economy through extremely difficult circumstances following Russia\u2019s invasion,\u201d\u00a0IMF Managing Director\u00a0Kristalina Georgieva\u00a0said [\u2026]<\/p>\n","protected":false},"author":69,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1687455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/69"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1687455"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1687455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1687455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1687455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}