international-finance0.555 min read
G7 Backs Plan to Fund Ukraine Using Frozen Russian Assets
1 year ago•Source: Financial Times
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The IMF has approved a $5 billion augmentation to its loan program for Egypt, bringing the total amount to $8 billion, in response to the country's stumbling economy exacerbated by the war in Gaza. This move is part of a wave of global aid aimed at bolstering economies affected by various crises.