Sunday, August 24, 2025

Latest

IMF To Provide Emergency Funding To Help Mitigate Impact Of Russia’s War In Ukraine

The International Monetary Fund will reportedly launch a food aid program that will provide emergency funding to emerging-market economies facing war-induced food price shocks, according to a Reuters report.

According to the report, the plan, which will be presented at an informal board session, would allow the Washington-based lender to provide assistance to Ukraine and other countries whose economies have been battered by Russia’s war in Ukraine without the strict conditions typically imposed in a regular fund program.

Before Russia attacked Ukraine, the two countries supplied a third of the world’s wheat exports, but since the war, prices have surged and supplies have dwindled. Today, the world’s most vulnerable, import-reliant nations are facing impending famine from a long list of war-induced shortages. 

Details as to the size and scope of the plan remain unavailable, but according to the report, the emergency funding would also temporarily increase existing limits and let member countries borrow up to an additional 50% of their IMF quota under the lender’s Rapid Financing Instrument and the Rapid Credit Instrument for low-income countries.

The new, less rigid emergency funding, if approved, follows China’s emergence as a “competitor” to Western-led IMF. In recent years, the world’s second-largest economic power has been giving out tens of billions of dollars in what the Financial Times calls “secretive ‘emergency loans’” to countries facing financial crises, minus the strict conditions of structural reform that the IMF is known for.


Information for this briefing was found via Reuters, the Financial Times, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q2 Earnings: Another Record Quarter

Sandstorm Gold Fades Into Royal Gold Merger

Equinox Gold Q2 Earnings: Back On Track

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Severed Submarine Fiber Cables In France Caused Global Connectivity Issues

At least three underwater fiber optic cables were severed in the south of France on...

Monday, October 24, 2022, 02:26:00 PM

Nord Stream 2 Halted Over Russia’s Recognition of Donbass

The infamous Nord Stream 2 natural gas pipeline has officially been cancelled, after German chancellor...

Tuesday, February 22, 2022, 10:10:00 AM

Is It Wise To Sanction Russia’s Uranium?

As the Russia-Ukraine war approaches its first anniversary, the European Parliament has called on EU...

Sunday, February 5, 2023, 09:00:00 AM

Apparently, Russian Oil Tankers Are Going Dark To Circumvent Sanctions

On face value, the world is striving to ice out Russian oil following President Vladimir...

Thursday, March 31, 2022, 11:23:00 AM

Justin Trudeau Imposes Additional Sanctions on Russia Over Ukraine

Canada’s federal government has imposed additional sanctions on Russia, in response to the full-scale invasion...

Friday, February 25, 2022, 08:58:00 AM