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Ukraine receives another $890 million from the IMF
Jul 4, 2023
The general fund of the state budget of Ukraine received the second tranche of USD 890 million from the International Monetary Fund (IMF).
According to Ukrinform, this was reported by the press service of the Ministry of Finance.
It is noted that the funds were received as a result of the successful first review of the Extended Fund Facility (EFF) program. Currently, Ukraine has already received $3.59 billion from the IMF.
"The received funding is the result of effective and coordinated cooperation of the Government of Ukraine, the Ministry of Finance of Ukraine, the National Bank of Ukraine with experts and the IMF management under the Extended Fund Facility program <...> Thanks to the funds provided, we are able to continue to maintain economic stability in Ukraine and ensure priority state budget expenditures," said Finance Minister Sergii Marchenko.
Author - Serhii Kolomiets, 04/07/2023
