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Ukraine to receive $15.6B loan package

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Ukraine and the International Monetary Fund reached an agreement on a $15.6 billion loan package.

Ukraine’s finance ministry said the funding would “help to mobilize financing from Ukraine’s international partners, as well as to maintain macrofinancial stability and ensure the path to post-war reconstruction after Ukrainian victory in the war against the aggressor.”

The loan program is slated to run for four years.

Read more from The Associated Press.

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