The IMF Board of Directors approves the third review of the Extended Fund Facility program
Kyiv • UNN
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.
Details
The Board of Directors of the International Monetary Fund approved the third review of the EFF Extended Fund Facility program
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