The IMF's executive board has sanctioned a $1.1bn disbursement to Ukraine amid enduring Russian offensives, bringing total funding to nearly $9.8bn since March 2023. This infusion is critical for budget support as the country grapples with military and economic turbulence resulting from ongoing conflicts. The funding arrived ahead of the inauguration of US president-elect Donald Trump, highlighting the urgency of international assistance in stabilizing Ukraine's economy during this precarious period.
In the latest cycle of violence, six people were reported dead in a Ukrainian missile attack in Russia's Kursk region, underscoring the escalating hostilities. Ukrainian officials have remained silent regarding the strike, which utilized US-supplied Himars rockets, damaging vital infrastructure in Rylsk, including a school and residential homes. Meanwhile, an earlier Russian missile strike on Kyiv resulted in civilian casualties, illustrating the tit-for-tat nature of the current military engagement between the two nations.
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