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BREAKING
Israeli occupation forces carry out an arrest campaign during a raid on Surif, north of Al-Khalil in the southern occupied West Bank.
Syrian Foreign Ministry: Damascus expresses its gratitude to the countries that voted in the UN General Assembly in favor of ending the Israeli occupation of the Syrian Golan.
Ushakov: Russia and the United States agreed not to disclose the substance of the Putin–Witkoff talks.
Ushakov: No specific formulas were discussed during the meeting, but rather the essence of what was included in the US documents.
Ushakov: Several proposals and possible plans for a settlement in Ukraine were presented during the meeting.
Putin’s adviser Yuri Ushakov said the meeting between President Putin and Witkoff was constructive, practical in nature, and highly useful.
Israeli occupation forces stormed the town of Silwad, northeast of Ramallah, and fired at young men as they resisted the raid.
Al Mayadeen's correspondent in Turkey: A new attack in the Black Sea targets a Georgia-bound Russian ship
Palestinian press sources: Two Israeli occupation soldiers were injured in the operation
Palestinian press sources: The man who carried out the stabbing operation at the entrance to a settlement north of Ramallah in the occupied West Bank has been martyred

Ukraine's external financing needs could be $5Bln monthly in 2023: IMF

  • By Al Mayadeen English
  • Source: Agencies
  • 25 Oct 2022 19:32
2 Min Read

Managing Director Kristalina Georgieva discusses Ukraine's financing needs in 2023 at the Berlin-hosted International Expert Conference on the Recovery, Reconstruction and Modernization of Ukraine.

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  • IMF  Kristalina Georgieva
    IMF Managing Director Kristalina Georgieva

Ukraine’s external financing needs will reach about $3 billion per month in the coming year in a best-case scenario, but could be increased to $5 billion in a worst-case scenario, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Tuesday.  

"We assess that in this recovery period through 2023 the best-case scenario would require $3 billion a month," Georgieva told the Berlin-hosted International Expert Conference on the Recovery, Reconstruction and Modernization of Ukraine.  

However, she added that the cost "could go easily to $4 billion a month" if Ukraine’s infrastructure, its energy sector in particular, needs additional support.

"And in a worst-case scenario, if the bombing is even more dramatic, that could go up to $5 billion," Georgieva said.  

Check out: What the West has given Ukraine so far

Speaking via video link at the Berlin conference on Ukraine's reconstruction, Ukraine's President Volodymyr Zelensky has said that Iran-made drones and Russian rockets have destroyed more than a third of his contry's energy sector.

"Russia is destroying everything so that it is harder for us to get through the winter," he said, adding that Kiev had yet to receive "a single cent" towards a fast recovery plan equal in value to 17 billion dollars.  

Zelensky urged the international community to cover next year an expected budget deficit of 38 billion dollars for Ukraine.

  • Russia
  • IMF
  • Volodymyr Zelensky
  • Ukraine

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