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IMF chief optimistic G7 funds for Ukraine can stave off hyperinflation

Georgieva said on the sidelines of a G7 finance ministers’ and central bank governors’ meeting that the main issue for the funding would be its timing – avoiding delays that may push the country into monetary financing, where its central bank effectively funds the government.

“You know, what happens if a country has to go into monetary financing. A war brings hyperinflation and then terrible, terrible, damage – which we think we can avoid,” Georgieva said.


Source: Economy - investing.com

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