IMF Says Ukraine Needs 'Timely Support' From U.S., Other Donors

Ukrainian President Volodymyr Zelenskiy (left) and IMF Director Kristalina Georgieva. meet in Washington in December.

The International Monetary Fund (IMF) on February 22 said that "timely support" for Ukraine is needed from the United States and other international donors to ensure the country's fiscal viability as it enters a third year battling Russia's invasion. An IMF spokeswoman said the global lender estimates that Ukraine will need about $42 billion of financing this year, including official donor support of about $31.9 billion. "Timely support from the international community, including the U.S., will be vital to ensure that the country remains on the path to fiscal and external viability," spokeswoman Julie Kozack said in Washington.