IMF approves $1.1 billion for Ukraine and forecasts GDP growth
Kyiv • UNN
The IMF reaches an agreement with Ukraine on the fifth review of the EFF program. The Fund forecasts GDP growth of 3% in 2024 and emphasizes the need to save the budget and fight tax evasion.
The International Monetary Fund has published on its website information about reaching agreements with the Ukrainian authorities on the fifth review of the four-year Extended Fund Facility program. As a result of the mission's work in Kyiv, Ukraine will have access to 1.1 billion dollars, UNN reports .
Details
The IMF mission chief, Gavin Gray, noted that the government has met the criteria set by the IMF for the first half of the year. GDP grew by more than 6% in the first quarter, inflation remained relatively low, and international reserves were within adequate limits.
In general, the IMF predicts that GDP growth will be 3% in 2024, and in the next 12 months the figure will be in the range of 2.5-3.5%, as the mission expects the war to continue throughout 2025.
The Fund emphasizes the need to formulate the state budget of Ukraine for the coming year, taking into account the need for savings and preserving the ability to service debts. According to the experts, this requires increasing tax revenues - not only through permanent changes to the tax system, but also by fighting tax evasion and the shadow economy.
Pollution of the Desna River: the State Service of Ukraine for Food Safety and Consumer Protection names the risks of harmful substances entering the water intake in Kyiv
There is no specific treatment for West Nile fever - infectious disease specialist Golubovska
In communities where local authorities support volunteers, people donate more actively - MP
Identification of Ukrainian prisoners of war: Oleksandr Ruvin, Director of Kyiv Scientific Research Institute of Forensic Expertise, on ways to improve and international cooperation in this area
Infectious disease specialist Olha Holubovska: antibiotic resistance is the number one problem in the military
Employees of our companies should feel that the taxes they pay are used for community development - Brovary Mayor
Trump and Harris debate: what the US presidential candidates will talk about, when and how they will meet
Prosecutor's Office passes case of National Bank's chief lawyer Zyma to police because SBI did not investigate it - expert
NBU imposes limits on card payments abroad starting September 10: what will be affected
Infectious disease specialist Olga Golubovska: in Ukraine there is a prejudice to antiviral drugs - the only salvation of viral diseases
Popular
Trump vows to end war in Ukraine before taking office
House Republicans urge Biden to lift restrictions on Ukraine's strikes on Russia
We must constantly remind the world that there is no “war fatigue.” Zelenska on the importance of sensitive content
Ukraine is working to build a coalition to shoot down missiles and drones over its territory
The US State Department believes that China is directly assisting the Russian military machine in the war against Ukraine
Publications
Political and business interests: why does ex-MP Rizanenko need a fake about the owner of Gulliver, Polishchuk
Difficult negotiations with the IMF: what awaits Ukraine before receiving the next tranche?
Scandal in the NABU: Head of State is not going to turn a blind eye to problems in the bureau
How much does it cost to maintain ARMA and is it worth the cost to the budget
Trump and Harris debate: what the US presidential candidates will talk about, when and how they will meet
Russian army shells Kutsurubska and Ochakivska communities in Mykolaiv region
Plus 1140 occupants and 2 tanks: General Staff updates data on enemy losses
Occupants carried out 356 attacks on 8 settlements of Zaporizhzhia region over the day
Russian missile carrier with “Kalibr” missiles detected in the Black Sea - Ukrainian Navy
Harris talks about handing over intelligence to Zelensky before Russian invasion
Russian army shells Kutsurubska and Ochakivska communities in Mykolaiv region
Russian missile carrier with “Kalibr” missiles detected in the Black Sea - Ukrainian Navy
IMF approves $1.1 billion for Ukraine and forecasts GDP growth
Taylor Swift says she will vote for Kamala Harris
Harris talks about handing over intelligence to Zelensky before Russian invasion
Russian army shells Kutsurubska and Ochakivska communities in Mykolaiv region
Plus 1140 occupants and 2 tanks: General Staff updates data on enemy losses
Occupants carried out 356 attacks on 8 settlements of Zaporizhzhia region over the day
Russian missile carrier with “Kalibr” missiles detected in the Black Sea - Ukrainian Navy
Harris talks about handing over intelligence to Zelensky before Russian invasion
Russian army shells Kutsurubska and Ochakivska communities in Mykolaiv region
Russian missile carrier with “Kalibr” missiles detected in the Black Sea - Ukrainian Navy
IMF approves $1.1 billion for Ukraine and forecasts GDP growth
Taylor Swift says she will vote for Kamala Harris
Harris talks about handing over intelligence to Zelensky before Russian invasion
IMF approves $1.1 billion for Ukraine and forecasts GDP growth
British expats leave Dubai due to Russians buying up real estate
Trump-Harris debate starts: candidates discuss economy
Singapore to allow non-cash casino bets, but no cryptocurrencies
Amazon invests 8 billion pounds in data centers in the UK
Kyivvodokanal assures that water quality in Kyiv meets standards
Pollution of the Desna River: the State Service of Ukraine for Food Safety and Consumer Protection names the risks of harmful substances entering the water intake in KyivExclusive
An escalator is being repaired in the passage between metro stations in the center of Kyiv
In Kyiv a car crashes into a trolleybus: two people are injured
