IMF's Georgieva: Ukraine expected to see deep recession this yea

“The International Monetary Fund (IMF) said its executive board on Wednesday approved $1.4 billion in emergency financing for Ukraine to help meet urgent spending needs and mitigate the economic impact of Russia's military invasion,”

While announcing the aid package, IMF Managing Director Kristalina Georgieva said, “Russian invasion responsible for massive humanitarian and economic crisis in Ukraine.”

More to come