IMF announced when it will make a decision on the next tranche for Ukraine.

IMF representative speaks to journalists
IMF representative speaks to journalists

The Executive Board of the International Monetary Fund plans to consider the approval of the results of the fifth review of the Extended Fund Facility (EFF) program for Ukraine and the allocation of the next tranche in the coming weeks, said IMF Communications Department Director Julie Kozak.

"We expect the Board meeting to take place in the coming weeks," noted the Fund's representative.

She noted that if the Executive Board of the IMF makes a positive decision, Ukraine will receive up to $1.1 billion.

Kozak also gave a positive assessment of the Ukrainian authorities' actions in fulfilling the conditions of the EFF program.

"The authorities have met all quantitative performance criteria, as well as structural benchmarks under the fifth review as of the end of June. In addition, agreements have been reached on policies and reforms to support macroeconomic stability during the war," noted the Fund's representative.

Source: Ukrinform


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