The International Monetary Fund says it expects the U.S. to continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion.
The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.
Officials from the Washington-based IMF also said Ukraine’s economy was showing surprising resilience despite widespread damage from Russia’s war. The budget aid means Ukraine’s government can avoid using the central bank to print money to cover its bills — an emergency necessity it turned to in the first days of the invasion, but a practice that can lead to runaway inflation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine live briefing: U.S. contends with chaos in Congress, uncertainty over Ukraine aidRep. Kevin McCarthy (R-Calif.) was ousted as House speaker Tuesday, at a time when some Republicans are balking at further aid for Ukraine.
Read more »
Fact Check Team: Congress drops Ukraine aid from funding bill amidst mixed public opinionWhen Congress passed its hail mary, short-term funding bill on Saturday to avoid a government shutdown, additional aid for Ukraine was cut from the bill...
Read more »
Biden Tries to Reassure Allies of Continued US Support for Ukraine after Congress Drops Aid RequestPresident Joe Biden convened a call Tuesday with U.S. allies and partners to coordinate future support for Ukraine after Congress passed and he signed legislation that kept the U.S. government funded but dropped his request for billions of dollars to help Ukraine in its...
Read more »
Biden tries to reassure allies of continued US support for Ukraine after Congress drops aid requestThe White House says President Joe Biden has been in touch with U.S. allies and partners...
Read more »
Biden forced to reassure world leaders of Ukraine support after Congress nixed aid in funding bill“The president reaffirmed the strong commitment of the United States to supporting Ukraine as it defends itself for as long as it takes, as did every other leader on the call,” National…
Read more »
White House vows Ukraine aid will continue despite funding uncertainty in CongressThe White House on Tuesday expressed confidence that regardless of developments on Capitol Hill, the U.S. would ultimately provide more assistance for Ukraine.
Read more »