TW Newsdesk, March 18:The International Monetary Fund stated that its executive board gave nod to rule changes that are set to allow the IMF to approve new loan programs for countries facing “exceptionally high uncertainty” – a move expected to pave the way for a new Ukraine loan program.

The changes to the IMF’s financing assurances policy would apply to nations experiencing “exogenous shocks that are beyond the control of nation authorities and the reach of their economic policies,” the IMF stated in a statement.