Ukraine may soon receive more than $4.4B from the IMF and the World Bank.

 The World Bank is preparing a $3B aid package for Ukraine in the coming months, and next week the IMF will decide on emergency financing of up to $1.4B. This information comes from a joint statement of the International Monetary Fund and the World Bank. “Our institutions are working together to support Ukraine on the fronts of finance and policy and are urgently increasing their support,” the IMF said. “The Fund is responding to a request from Ukraine for emergency funding, which will be considered by our Board of Directors next week. It will be recalled that under the Rapid Financing Instrument (RFI), Ukraine can receive up to $1.4B , 50% of the IMF quota. “In addition, we continue to work on the Ukrainian Stand-By Arrangement program, according to which an additional $2.2B will be available from now until the end of June,” the Foundation continued.