IMF approves disbursement of $900 million tranche to Ukraine in connection with fulfillment of obligations - Shmyhal
Kyiv • UNN
The IMF Executive Board approved the disbursement of a $900 million tranche to Ukraine after Ukraine met the necessary benchmarks, including legislative reforms. Prime Minister Shmyhal acknowledged that Ukraine had fulfilled the IMF's conditions in the face of war.
IMF Executive Board approves the second review of the EFF program for Ukraine program for Ukraine, which paves the way for Ukraine to receive the next tranche of 900 million dollars. This happened due to the fact that Ukraine has fulfilled all all the set "beacons", including legislative initiatives on the Budget Code About this December 11 was reported by the Prime Minister of of Ukraine Denys Shmyhal, reports UNN.
The Fund noted our achievements in implementing the program and reforms, despite the full-scale war. Ukraine has fulfilled all the "lighthouses", including legislative initiatives to improve the Budget Code, strengthen tax policy Code, strengthening tax policy, anti-corruption measures, etc.
Details
IMF Executive Board approves second review of EFF program for Ukraine program for Ukraine. This paves the way for the next tranche of $900 million. USD.
The program under the Extended Fund Facility for Ukraine provides for a total of $15.6 billion over 4 years to to support the economic stability and recovery of our country.
"I am grateful to the IMF and the Ukrainian team for the coordinated and consistent work for the strengthening and development of Ukraine," Denys Shmyhal wrote in his telegram .
SEE ALSO: Money will be: IMF approves second revision of the program for Ukraine
We will remind
Earlier UNN wrotethat President of Ukraine Zelensky will meet with IMF chief Kristalina Georgieva in Washington, D.C., to discuss approval of a $900 million aid package for Ukraine. This comes as he plans to address the U.S. military at the National Defense University.
