IMF approves $400 mn tranche to Ukraine
The Executive Board of the International Monetary Fund (IMF) approved providing Ukraine with another tranche worth $400 mn.
Executive Board of the International Monetary Fund (IMF) has completed the Seventh Review of the Extended Arrangement under the Extended Fund Facility (EFF) for Ukraine, which provides Ukraine with another tranche worth $400 mln, the IMF press service said in a statement.
"The IMF Board today completed the Seventh Review of the Extended Arrangement under the Extended Fund Facility (EFF) for Ukraine, enabling a disbursement of about $0.4 billion to Ukraine, which will be channeled for budget support," the statement reads. This will bring the total disbursements under the IMF-supported program to $10.1 billion, according to TASS.