Ukraine expects IMF approval of a $690 million tranche by mid-July
Kyiv • UNN
The IMF Board of Directors meeting on the next tranche for Ukraine is expected by mid-July. The parties have agreed on further stages of cooperation and structural reforms.
Ukraine expects the IMF to approve a tranche under the cooperation program worth $690 million by mid-July, Ukrainian Prime Minister Yulia Svyrydenko reported on Friday on social media, writes UNN.
A meeting of the IMF Executive Board, which is to approve the next tranche for Ukraine in the amount of $690 million, is expected by mid-July
According to her, together with the First Deputy Managing Director of the IMF, Dan Katz, they discussed the results of the first review of the Extended Fund Facility (EFF) program.
"During the meeting, we also agreed on the next stages of cooperation. The common goal is to use the preserved macro-financial stability in the country as a basis for attracting private investment, developing business, and large-scale reconstruction of Ukraine," the Prime Minister stated.
With Dan Katz, she added, "we separately discussed preparations for the next reviews of the program and the implementation of structural reforms that strengthen the financial resilience of the state and create conditions for further economic growth."