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Ukraine receives IMF cash cushion as huge funding gap remains unsolved

Ukraine receives IMF cash cushion as huge funding gap remains unsolved

The IMF gave the green light to a new four-year lending agreement last week, days after Hungary stalled a European loan of 90 billion euros ($105 billion) intended to cover a large share of Ukraine's defense and budgetary needs through 2027. Without it, Ukraine's coffers could run dry by mid-2026.

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