The decision comes as a €90 billion package from the EU is still being blocked by Budapest
The International Monetary Fund (IMF) has approved a new four-year loan for Ukraine, which is currently facing an acute budget deficit. A much larger sum offered by Brussels and backed by EU taxpayers remains blocked by Hungary’s veto.
The IMF has allocated $8.1 billion, with $1.5 billion to be disbursed immediately, the UN financial institution said in a statement published on Friday. The sum would still be insufficient to cover the Ukrainian government’s needs, it admitted.
Kiev will have a budget deficit of $52 billion in 2026 alone, growing to $136.5…
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