Ukraine received $400 million in aid from the IMF
Category
Economics
Publication date

Ukraine received $400 million in aid from the IMF

Denis Shmyhal
The IMF

Ukraine received another tranche of assistance from the International Monetary Fund (IMF). The amount of support amounted to $400 million.

Points of attention

  • Ukraine has received $400 million in aid from the IMF as part of the Extended Fund Facility (EFF) program.
  • Prime Minister Denys Shmyhal announced the successful seventh review of the program, leading to the receipt of funds from the IMF.
  • The total support to Ukraine from the IMF under the EFF program has now exceeded $10 billion.

The IMF has provided Ukraine with another tranche: what is known

This was announced by Prime Minister Denys Shmyhal.

As Shmyhal explained, the funds were received after the successful seventh review of the Extended Fund Facility (EFF) program.

This is the money we received after the successful seventh review of the EFF program. This brings the total IMF support under this initiative to over $10 billion.

Denys Shmyhal

Denys Shmyhal

Prime Minister of Ukraine

Total IMF support under the initiative has reached over $10 billion.

In February, Ukraine and the IMF agreed at staff level on the seventh review of the Extended Fund Facility (EFF) program. The new assistance was conditional on approval of the review by the IMF Executive Board.

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