Latest Ukrainian-Russian war: No plans for larger strikes ‘for now’, says Putin

TShareholders of the International Monetary Fund and the World Bank on Friday elected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chairman of the two institutions’ governing boards in 2023.

The decision, which was announced during the annual meetings of the IMF and the World Bank in Washington, means that Marchenko will also chair the institutions’ annual meeting next year, which is scheduled to be held in Morocco.

Russia’s invasion of Ukraine and the war’s massive impact on the global economy dominated this year’s meetings, with Ukrainian President Volodymyr Zelenskyy calling on international donors to provide $55 billion in additional funding next year to prop up his country’s economy and fund some initial reconstruction. .