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Ukraine receives third IMF tranche of US$880 million

Tuesday, 26 March 2024, 11:55
Ukraine receives third IMF tranche of US$880 million
Stock photo: Getty Images

The state budget of Ukraine received a third tranche of financial support on 26 March under the Extended Fund Facility (EFF) programme from the International Monetary Fund in the amount of US$880 million.

Source: Ukraine’s Prime Minister Denys Shmyhal 

Details: "The funds will help to cover priority budget expenditures and maintain macro-financial stability," Shmyhal added.

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Shmyhal stressed that Ukraine is continuing to successfully fulfil its obligations to its partners and is preparing for the next review of the programme.

Background:

  • Last week, the International Monetary Fund's Board of Directors approved the third review of the EFF.

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