Ukraine expects $5.4 billion from the IMF this year. This will help ensure macroeconomic stability, the head of government said.
Negotiations took place in Kyiv between representatives of the government of Ukraine and the delegation of the International Monetary Fund. Prime Minister Dnis Shmyhal announced this on Telegram on Monday, February 12.
“Had a meeting in Kyiv with the International Monetary Fund team headed by Uma Ramakrishnan. Thanked for the successful second revision of the EFF program for $15.6 billion,” the head of the Cabinet wrote.
According to him, the implementation of reforms and financing of Ukraine for 2024 was discussed. GDP growth points were also identified, among which is the development of the military-industrial complex, where there is great potential.
“The IMF is one of the largest financial partners of our country. In total, in 2022-2023, the Fund allocated more than $7 billion to Ukraine. This year we expect $5.4 billion from the IMF. We are systematically working to ensure macroeconomic stability,” Shmygal added.
We remind you that on December 14, 2023, Ukraine received $900 million from the IMF. This is the third tranche under the ongoing Extended Fund Facility (EFF) program.
As you know, in November, the IMF doubled its GDP for Ukraine – to 4.5% by the end of 2023. At the same time, in October, the fund predicted the growth of this indicator at the level of 2%, and the statement at the level of fund management sounded even from 1%.
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