The International Monetary Fund said its executive board had approved an $8.1bn, four-year loan for Ukraine, of which $1.5bn would be disbursed immediately. The IMF said on Thursday the new extended fund facility arrangement for Ukraine would help anchor a $136.5bn international support package for the war-torn country, which this week marked the fourth anniversary of Russia’s invasion. The IMF managing director, Kristalina Georgieva, said the loan would resolve Ukraine’s balance of payments problem and restore medium-term external viability while boosting prospects for reconstruction and growth after the war ended and helping to facilitate Ukraine’s steps to join the EU.
Ukrainian and US officials met in Geneva on Thursday for talks on postwar reconstruction despite a deadlock in negotiations with Russia, and officials in Kyiv hoped to finalise key details of a settlement at a trilateral meeting early next month. Top Ukrainian negotiator Rustem Umerov said the participants at the meeting spoke to the Ukrainian president, Volodymyr Zelenskyy, after its conclusion.
Zelenskyy, who spoke to the US president, Donald Trump, on Wednesday, said trilateral talks would probably take place in Abu Dhabi in early March and would aim to prepare the way for a meeting of Ukraine and Russia’s leaders.
Russian president Vladimir Putin’s special envoy, Kirill Dmitriev, also held talks with US officials in Geneva on Thursday, Russia’s state-run RIA news agency reported. Dmitriev declined to comment on the outcome of the meeting, RIA said. Umerov said negotiators were working on economic and security issues to “make the next trilateral meeting involving the US and Russia as substantive as possible”.
Romania scrambled fighter jets on Thursday when a drone breached its national airspace during a Russian attack on Ukrainian infrastructure near the border, the defence ministry said, in the second airspace breach in as many days. The EU and Nato member shares a 650km land border with Ukraine and has had drones breach its airspace and fragments fall on its territory repeatedly since Russia began attacking Kyiv’s ports across the Danube.
Ukrainian missiles struck the Russian town of Belgorod, inflicting serious damage on energy installations and disrupting power, water and heating, the regional governor said early on Friday. The attack on Belgorod, 40km from the Ukrainian border, and the surrounding district was the second in five days to cause serious damage.
Russia’s defence ministry said on Thursday its air defence units had downed 220 Ukrainian drones over a nine-hour period, including 24 headed for Moscow. The latest ministry statement said 53 drones were intercepted and destroyed in a three-hour period ending at 11pm. Many of the drones were intercepted over regions in central Russia. The ministry said 12 had targeted Moscow.
