Lithuania Joined the IMF $15.6 Mln Assistance Program for Ukraine 

by Roman Cheplyk
Sunday, April 2, 2023
Lithuania Joined the IMF $15.6 Mln Assistance Program for Ukraine 

On 29 March, Lithuania approved joining the group of countries that will support Ukraine 

Lithuanian broadcaster LRT reported that the government decided to apply for participation in collective assistance to Ukraine. Lithuania will now join the group of countries that provide financial guarantees to the International Monetary Fund for the implementation of the fund's program for Ukraine. The minister of finance of Lithuania Gintare Skaiste, said that the country will support Kyiv in various international formats. Therefore, Lithuania joins the financing of assistance in the amount of $15.5 billion.

Earlier, G7 countries and Spain joined the financing program. The governments of Austria, Belgium, Poland, and the Netherlands are also considering joining the IMF program to finance Ukraine. Recall that the initiative to finance Ukrainian needs was created to support the country during the war. It is planned that collective support will be aimed at establishing Ukraine's financial stability and continuing long-term structural reforms on the European path.

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