Ukraine expects to receive $1.1 billion in September and December under EFF program - Marchenko
Kyiv • UNN
Currently, there are a number of technical requirements, mainly related to humanitarian and fiscal policy, that can be met by the deadlines. The next reviews of the program, where Ukraine can receive $2.2 billion, are scheduled for September and December.
The key condition for the review of the Extended Fund Facility (EFF) program in September has already been met - the reboot of the Bureau of Economic Security. There are now a number of technical requirements, mainly related to humanitarian and fiscal policy, that can be met by the deadline. The next revisions of the program, where Ukraine can receive $2.2 billion, are scheduled for September and December. This was stated by Finance Minister Sergiy Marchenko during a telethon, UNN reports.
Details
The key condition for the review in September has already been fulfilled. It is to pass a law on the reboot of the Bureau of Economic Security. There are also a number of technical requirements, mainly related to humanitarian and fiscal policy. I believe that there is every reason to believe that they will all be fulfilled by the deadlines. The next two reviews are in September and December. Expected amounts of the $1.1 billion tranches
He noted that the total amount of the loan program is $15.6 billion.
We have already raised half of the funds under the program. (...) If we all take steps, we will be able to raise the full amount of funds. We have already received $7.6 billion, to be precise
Recall
On Wednesday, July 3, Prime Minister Denys Shmyhal reported that Ukraine had received $2.2 billion from the International Monetary Fund.
