an hour agoIMF warns “economic risks” from conflict in Ukraine
Periskopi(4 years ago)
(4 years ago)International Monetary Fund Director Kristalina Georgieva warned on Thursday that the conflict in Ukraine would have consequences for global economic recovery. After Russia's attack on Ukraine, Georgieva said it was “deeply concerned” about the impact these military actions can have on the people of Ukraine and that continuing fighting “poses the risks [...]
After Russia's attack on Ukraine, Georgieva said it was “sharply concerned” about the impact these military actions may have on the people of Ukraine and that continuing fighting “reflects economic risks for the region and the world”.
The IMF said it is continuing to assess the economic impact, but it will be “ready to help member states if necessary”.
The IMF is in the process of remittances of $2.2 billion that have been allocated as aid to Ukraine. Georgieva said the IMF could provide assistance to other states that would be affected by the conflict in Ukraine.
In the early morning hours of February 24th, Russia announced it has launched a “military operation” for what it said, “demilitarisation” of Ukraine.
The United States, the European Union and states worldwide have condemned Russian military action against Ukraine and have pledged to impose strict sanctions on Moscow. / REL
