Ukraine received approximately $500 million from the International Monetary Fund (IMF), marking the ninth tranche under the country's Extended Fund Facility program, the Ukrainian Ministry of Finance announced in a press release on July 1.
The Executive Board of the International Monetary Fund (IMF) approved the disbursement of $400 million in funds for Ukraine via the Extended Fund Facility (EFF), the IMF announced on March 28.
The funds come as already the sixth tranche disbursed to Ukraine under the IMF's Extended Fund Facility (EFF) program, raising the amount provided so far to $9.8 billion.
"Ukraine’s performance remains strong under the EFF despite challenging conditions," a news release from the IMF read. "All quantitative performance criteria for end-March were met, and all structural benchmarks through end-June were implemented on time or with a short delay."
Ukraine is set to receive $2.2 billion from the IMF's Extended Fund Facility (EFF), Prime Minister Denys Shmyhal announced on social media on May 31.
After the review, nearly $2.2 billion in funds may be allocated in June under the EFF.
Ukraine is set to receive three additional tranches totaling $4.5 billion from the IMF's Extended Fund Facility (EFF) in 2024, according to the Ukrainian Finance Ministry.
A delegation of the International Monetary Fund (IMF) arrived in Kyiv for talks with Ukrainian authorities and other stakeholders on strengthening Ukraine's financial capabilities, Vahram Stepanyan, the fund's resident representative to Ukraine, said on Feb. 12.
National Bank of Ukraine (NBU) head Kyrylo Shevchenko told Bloomberg on Dec. 10 that he's endured political pressure since his appointment in July 2020. “We see attempts by certain actors to influence the decision-making process in the NBU, smear campaigns targeting the bank and its top management and even criminal
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