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The IMF publishes text of Letter of Intent and Memorandum of Economic and Financial Policies on a new 18 months Stand-by Arrangement for Ukraine

The Executive Board of the International Monetary Fund (IMF) approved an 18-month Stand-by Arrangement for Ukraine, with access equivalent to SDR 3.6 billion (about US$5 billion or 179 percent of quota). The new program aims to help Ukraine to cope with COVID-19 pandemic challenges by providing balance of payments and budget support, while safeguarding achievements to date and advancing a small set of key structural reforms, to ensure that Ukraine is well-poised to return to growth when the crisis ends

Letter of Intent and Memorandum of Economic and Financial Policies