ABSTRACT

Ukraine and International Financial Institutions [May 16, 2022]   [open pdf - 536KB]

From the Document: "Russia's war against Ukraine has devastated the Ukrainian economy and is having widespread repercussions in Europe and around the world. While the economic impact is largest in Ukraine, neighboring countries are suffering from trade disruptions; higher food, energy, and commodity prices; and an influx of refugees. The World Bank, the International Monetary Fund (IMF), and other international financial institutions (IFIs) are providing emergency assistance to Ukraine and neighboring countries and are developing short- and medium-term assistance strategies. The United States government is supporting these efforts through U.S. leadership at the IFIs and through additional bilateral contributions. On April 28, the Biden Administration requested new FY2022 funding for IFIs as part of an emergency supplemental budget request for Ukraine, which was incorporated in H.R. 7691, which passed the House on May 10."

Report Number:
CRS In Focus, IF12107
Author:
Publisher:
Date:
2022-05-16
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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