IMF Staff Greenlights $690 Million for Ukraine Despite Missed VAT Benchmark

Government

Ukraine has reached a staff-level agreement with the International Monetary Fund (IMF) on the first review of its four-year $8.1 billion Extended Fund Facility (EFF) loan program. The agreement leads the way to roughly $690 million in fresh financing, despite the Fund warning that the country’s reform drive has slowed. The disbursement opens the door to broader international financing for Ukraine, helping ensure the country remains committed to reforms. JOIN US ON TELEGRAM Follow our coverage