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Ukraine’s debts: US aims to get IMF to reexamine loan fees

FILE - Ukrainian soldiers ride in a Humvee in Bakhmut, Donetsk region, Ukraine, Dec. 21, 2022. A section of the National Defense Authorization Act, signed into law by President Joe Biden last week, requires U.S. representatives to each global development bank — including the International Monetary Fund— to use “the voice, vote, and influence" of the U.S. as the largest IMF shareholder to put together a voting bloc of countries to change each institution's debt service relief policy to Ukraine. (AP Photo/Libkos, File) FILE - President Joe Biden welcomes Ukraine's President Volodymyr Zelenskyy at the White House in Washington, Dec. 21, 2022. A section of the National Defense Authorization Act, signed into law by Biden last week, requires U.S. representatives to each global development bank — including the International Monetary Fund— to use “the voice, vote, and influence" of the U.S. as the largest IMF shareholder to put together a voting bloc of countries to change each institution's debt service relief policy to Ukraine. (AP Photo/Andrew Harnik, File) FILE - International Monetary Fund Managing Director Kristalina Georgieva speaks during the 2022 annual meeting of the International Monetary Fund and the World Bank Group, Oct. 14, 2022, in Washington. A provision in the recently signed defense budget mandates that the U.S. work to ease Ukraine’s debt burden at the IMF, which could create tensions at the world’s lender-of-last-resort over one of the fund’s biggest borrowers. (AP Photo/Manuel Balce Ceneta, File)