Ukraine secures another $5 billion in funding after meetings

Ukraine secured promises of $5 billion in additional funding to support its ongoing fight against Russia amid “fruitful meetings” in Washington this week, Ukrainian Prime Minister Denys Shmyhal told reporters on Friday.
Shmyhal met with representatives of the International Monetary Fund, the World Bank and the European Investment Bank as well as top U.S. officials, on the sidelines of the spring meetings of the IMF and World Bank.
He said Ukraine received new pledges of additional support from Switzerland, Denmark and a number of other countries during the meetings, as well as an agreement from U.S. aircraft maker Boeing Co to relieve Ukrainian companies of $200 million in previous commitments. Kyiv expected to receive more support during an upcoming conference in London, he added.
“The international partners have reassured us of their long-term support,” Shmyhal said, describing his meetings in Washington, and referring to total financing of $115 billion over the next four years that was leveraged by the IMF’s approval last month of a $15.6 billion loan.