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IMF to decide on next tranche for Ukraine on Nov 22

IMF to decide on next tranche for Ukraine on Nov 22
12 of November 2021 г.
The Executive Board of the International Monetary Fund (IMF) plans to consider the issue of the First Review under the Stand-by Arrangement for Ukraine on November 22.

According to Ukrinform, relevant information was published on the IMF's website.

As reported, the International Monetary Fund and the Government of Ukraine reached a staff-level agreement on policies to support the country’s reforms in the context of the Stand-by Arrangement (SBA). This paves the way for consideration of the first review of the Stand-By Arrangement (SBA) and request for an extension of the program by the IMF’s Executive Board. Completion of the first review would enable disbursement of SDR 500 million (about $700 million), according a press release issued by the IMF on October 18.

At the same time, it was noted that the IMF and Ukraine reached the agreement on “an updated set of economic, financial, and structural policies to help address the economic and health crisis caused by COVID-19.”

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