IMF announced when it will make a decision on the next tranche for Ukraine.
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
Read also
- Threat to Dnipro: Ukrainian Armed Forces reported the destruction of a Russian aerial target outside the city
- The Governor of Bryansk Region reported a nighttime drone attack
- Rwanda and Congo signed a peace agreement mediated by the USA
- End of Negotiations: Trump Sharply Changed Course in Dialogue with Canada on Tariffs
- Ukraine is not ready for negotiations: Yermak revealed details of the conversation with advisors on the security of Western countries
- Zelensky held a 'Technological Stake': priorities marked for drone production
