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An IMF mission starts policy discussions on the first review of the EFF Arrangement

On May 23, 2023, the mission of the International Monetary Fund (IMF) headed by Gavin Gray starts policy discussions on the first review of the Extended Fund Facility (EFF) Arrangement with the Ukrainian authorities.

On the Ukrainian side, representatives of the Ministry of Finance of Ukraine and the Ministry of Justice of Ukraine, the National Bank of Ukraine, as well as other bodies responsible for policies in the field of economy, energy, fighting and preventing corruption, rule of law, participate in the discussions.

Meetings take place in Vienna, Austria, as well as online.

Additional Information

On March 31, 2023, the IMF Board approved a new four-year Extended Fund Facility (EFF) Program for Ukraine with financing in the amount of USD 15.6 billion (SDR 11.6 billion).

On April 3, 2023, the general fund of the State Budget of Ukraine received the first tranche in the amount of USD 2.7 billion.