Ukraine has received its first tranche of $1.5 billion from the International Monetary Fund, Ukrainian Prime Minister Yulia Svyrydenko announced Tuesday.
The tranche is part of a new four-year program under the IMF’s Extended Fund Facility arrangement, with a total value of $8.1 billion.
“The funds have already been credited and will be used to finance priority budget expenditures and support macrofinancial stability,” Svyrydenko said, noting that IMF support to Ukraine has reached $14.9 billion since the outbreak of the Moscow-Kyiv war in February 2022.
“I am grateful to our partners for their trust and support. We continue to implement agreed reforms aimed at maintaining macroeconomic stability, strengthening state institutions, and promoting European integration,” she added.
Source: Anadolu Agency
Bd-pratidin English/ Jisan
