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IMF approved a new financing program for Ukraine: what is known

Ukraine has completed discussions with the IMF
Міжнародний валютний фонд схвалив нову програму фінансування для України: деталі та очікування. Photo: hvylya.net

According to hvylya.net: The conclusion of the meetings that took place between representatives of the Ministry of Finance of Ukraine, the National Bank of Ukraine, and experts from the International Monetary Fund is a positive assessment of the implementation of the Extended Fund Facility program. Under this program, Ukraine has successfully completed eight reviews, receiving support from the financial guarantor. However, due to active hostilities and high uncertainty in the national economic and financial situation, the parties will need to work on preparing a new financial cooperation program that better addresses the current and medium-term challenges for Ukraine.

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