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Ukraine received about USD 900 million from the IMF under the EFF Arrangement

Today, on 14 December, Ukraine received the third tranche of financing in the amount of about USD 900 million (SDR 663.9 million) from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) Arrangement.

The funds are the result of a successful second review of the Extended Fund Facility Arrangement by the IMF Executive Board.

"The powerful and crucial support from the Fund will help us to finance the priority expenditures of the State Budget in a timely manner and ensure macroeconomic stability under martial law. The EFF programme will continue to form a solid basis for the development of the economic programme of the Government of Ukraine on its way to full integration into the EU," said Minister of Finance of Ukraine Sergii Marchenko. 

On 11 December, the Executive Board of the International Monetary Fund completed the second review of the Extended Fund Facility Arrangement for Ukraine.

Thus, Ukraine has already attracted about USD 4.5 billion out of the USD 15.6 billion (SDR 11.6 billion) envisaged by the Arrangement.