The IMF and Ukraine reached a preliminary agreement on a tranche of $900 million
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The International Monetary Fund (IMF) announced the completion of its review of the Ukrainian economy and the successful implementation of the goals set by the fund at the end of September. In this regard, preliminary agreements have been reached on the next tranche for approximately $900 million.
“Most of the structural benchmarks have also been achieved, paving the way for the Board of Executive Directors to consider the possibility of disbursing a tranche of approximately $900 million,” it said. statement IMF. The final tranche must be approved by the IMF Council.
The fund notes the “remarkable resilience” of the Ukrainian economy. Experts predict a stronger recovery in 2023 and a slight slowdown in growth in 2024. However, the IMF notes “extremely uncertain” prospects given the fighting.
In March 2023, the IMF approved a loan to Ukraine in the amount of $15.6 billion for four years. Kyiv must comply with the requirements outlined by the fund. The first tranche for $2.7 billion arrived in April, the second for $890 million rubles in June.
About the IMF program – in the material “Kommersant” “War is war, but reforms are on schedule”.
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