New PM svyrydenko seeks fresh imf loan – DW – 07/22/2025

According to a report by Bloomberg, Ukraine’s new Prime Minister Savidenco said that possibly demanding funding from the International Monetray Fund to meet the fiscal needs of the country in defense of Russia’s war.

The report states that global donors have so far kept a budget of half of the budget of only $ 75 billion (€ 64.18 billion), which is required to the battle-finge country in the next two years.

With a loan program of about $ 16 billion (€ 13.69) loan program of IMF to end in 2027, a lender will be discussed in a review of a lender for August, when the end of the war is not the end, he told the media house.

Meanwhile, Ukraine’s Defense Minister told the messaging app Telegram, stating that the country would need at least $ 120 billion (€ 102.68 billion) next year and that there was a conversation with partners with NATO and European Union to eat food with partners.

On Monday, the UK and Germany led a virtual meeting of how to help Ukraine achieve weapons that need to defend themselves against Russian aggression.

German Defense Minister Boris Pistorius said he wanted to contribute to the providing five Patriot missile defense systemsto Ukraine, DW’s Terry Shults reported from Brussels. It included two systems that Berlin discussed earlier, expected to be funded by Norway with additional one.

It is not clear that Germany will pay for two defense systems, or if it demands contribution from other NATO members.

Former Prime Minister of Ukraine and newly appointed Defense Minister Dennis Shamihal, who was part of the meeting, said that Kiev needs more than $ 6 billion (€ 5.13 billion) for additional military expenses to increase the production of her own weapons.

The UK imposed new restrictions on the so -called “shadow fleet” of Russia, which will include 135 oil tankers and two Russian companies in reducing oil restrictions on Moscow.

Additionally, Ukrainian President Volodimier Zelansky said Ukraine and Russia would hold another round of talks on Wednesday.

The two previous rounds held in Istanbul failed to have any meaningful progress over a ceasefire.

Welcome to DW coverage of the latest developments in Russia.

Both Ukraine and Russia continue to exchange drones and missiles, targeting each other’s capital cities.

On Monday, Russia exposed one of its biggest airstrikes on Kiev, a few hours ago the UK and Germany chaired a high-level meeting to discuss the US plans for NATO colleagues to provide Ukraine with weapons for NATO colleagues.

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