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Episode details

World Service,21 Apr 2022,26 mins

IMF head: Ukraine needs $5-7bn per month

World Business Report

Available for over a year

The Managing Director of the International Monetary Fund Kristalina Georgieva says Ukraine needs up to $7 billion per month in the near future, in the wake of Russia’s invasion. The BBC’s Economics Editor Faisal Islam has been speaking to her, and joins us on the line from Washington DC to talk through the big news lines emanating from the IMF/World Bank 2022 Spring Meetings. Plus, a harrowing day for American news giant CNN, which has axed its recently-launched online streaming service CNN+, less than a month after its launch. CNBC media & technology reporter Alex Sherman has been covering the story and tells us why the fledgling platform failed. Also in the programme, we explore the impact on renewable energy investment of the rising price of fossil fuels, with the environmentalist George Monbiot. The World Bank has warned of a potential global food crisis, as a result of Russia's invasion of Ukraine. We have a report from the BBC's Rahul Tandon about the private businesses that have stepped in to evacuate their own staff and others away from danger in Ukraine. (Photo: IMF head Kristalina Georgieva; Credit: Getty Images)

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