The IMF Board of Directors approves the third review of the Extended Fund Facility program

The IMF Board of Directors approves the third review of the Extended Fund Facility program

Kyiv  •  UNN

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The IMF Board of Directors approved the third review of the $15.6 billion Extended Fund Facility for Ukraine, which will allow Ukraine to receive the next tranche of about $880 million to cover important budget expenditures and maintain macrofinancial stability.

The Board of Directors of the International Monetary Fund has approved the third revision of the Extended Fund Facility (EFF) program for Ukraine for a total of $15.6 billion. This was announced by the Prime Minister of Ukraine Denys Shmyhal, reports UNN.

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The Board of Directors of the International Monetary Fund approved the third review of the EFF Extended Fund Facility program

Shmyhal wrote.

He emphasized that this is the result of Ukraine's fulfillment of its obligations to its partners.

We are expecting the next tranche of financial support in the amount of about $880 million. These are funds to cover the most important budget expenditures. They will help us continue to maintain macrofinancial stability

wrote the Ukrainian prime minister.

Ukraine expects to receive first tranches from IMF and EU next week - ShmyhalMar 15 2024, 06:39 PM • 64286 views