IMF to provide Ukraine with new US$400m tranche soon

The Executive Board of the International Monetary Fund completed the seventh review of the programme under the Extended Fund Facility (EFF) on 28 March, under which Ukraine will receive a new tranche of approximately US$400 million.

Source: Cabinet of Ministers of Ukraine (Ukrainian government)

Details: The IMF noted Ukraine's progress in meeting the conditions of the EFF programme as of the end of December 2024. It was reported that the Ukrainian economy remains resilient and the EFF programme performance indicators remain high despite the conditions of the full-scale war.

"Ukraine has met all quantitative performance criteria as of the end of December, the prior actions for this review and structural benchmarks. The timing for meeting some conditions has been adjusted to account for feasibility," the statement said.

Taking into account the new tranche, the total amount of disbursements under the EFF programme will exceed US$10.1 billion.

Seven tranches under the IMF's EFF programme, worth approximately US$9.8 billion, have been received by Ukraine's State Budget out of the planned US$15.5 billion for the period 2023-2027.

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