US EditionIMF Board to Review Staff-Level $8.1 Billion Agreement for Ukraine in ...
8 Articles
8 Articles
Ukraine has completed the entire list of prior actions required to submit the new four-year EFF $8.1bn extended funding programme for consideration and approval by the Board of Directors.
IMF set to weigh $8.1 billion Ukraine agreement
The International Monetary Fund board will soon review a new $8.1 billion lending program for Ukraine. Ukrainian authorities have met the necessary conditions for this program. The IMF anticipates Ukraine's economic growth to be under 2% in 2025. The ongoing conflict continues to impact Ukraine's people and economy. Russia's attacks have damaged vital infrastructure, disrupting economic activities.
If supported, such a programme would replace the existing $15.5 billion IMF loan facility.
The Board of Directors of the International Monetary Fund is to consider an agreed staff-level loan program for Ukraine of $8.1 billion, which could provide further international financial support. Ukraine has fulfilled the necessary requirements, including the budget and the draft labor code.
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