The IMF will allocate another $2.2 billion to Ukraine – Roman Belousov
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Photo: The IMF said that the Ukrainian economy continues to remain stable
The Board of Directors of the IMF decided to allocate 2.2 billion dollars to Ukraine – they will be used for budget support.
The IMF Board of Directors completed the fourth review of the extended financing program under the extended financing mechanism for Ukraine. This made it possible to allocate about 2.2 billion dollars to Ukraine, which will be directed to budget support.
"Despite the difficult conditions, Ukraine's performance under the EFF program remains high. All quantitative performance criteria were achieved by the end of March, and all structural benchmarks for the end of June were met on time or slightly late," the IMF said.
The Fund noted that despite the fact that the outlook remains extremely uncertain, the Ukrainian economy continues to remain stable.
The second tranche amounted to 890 million dollars (June 2023), the third tranche – 900 million dollars (December 2023), the fourth tranche – 880 million dollars (March 2024).
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