Ukraine receives $1.1 billion tranche from IMF
Ukraine has received the seventh tranche of approximately $1.1 billion (834.9 billion SDR) from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program, according to the Ministry of Finance.
The IMF's Executive Board approved the sixth review of the EFF program on December 20.
"Since the launch of the EFF program, Ukraine has successfully passed six reviews, which allowed us to attract about USD 9.8 billion out of the USD 15.6 billion provided by the program," commented Finance Minister Sergii Marchenko.
The next steps Ukraine needs to take are outlined in the joint Memorandum on Economic and Financial Policies between Ukraine and the IMF. These include continuing structural reforms that encompass public finances, the financial sector, monetary and exchange rate policies, governance, anti-corruption efforts, and the energy sector.
For 2025, the IMF's EFF program provides for up to $2.7 billion following four reviews.
- On November 27, Ukraine received a $4.8 billion tranche from the World Bank.
- On December 18, Ukraine received a second tranche of €4.1 billion from the EU after fulfilling all obligations.