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International Monetary Fund (IMF) conducts discussions in Kyiv regarding continued assistance for Ukraine’s economy

Ukraine has received $900 million in funding from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program in December 2023. The IMF team is currently meeting with Ukrainian authorities and partners in Kyiv to discuss ongoing support for the country.

Led by Uma Ramakrishnan, Deputy Director of the IMF’s European Department, the IMF team will also join an inaugural meeting of the Steering Committee of the Ukraine Capacity Building Fund, under IMF patronage. This gathering will take place on Feb. 13 and will focus on priorities for enhancing Ukraine’s capacity and the IMF’s support for this crucial task.

In addition to this, an IMF mission led by Gavin Gray will begin discussions with Ukrainian authorities in Warsaw as part of the third review of the EFF program. The amount of funding that Ukraine requires in 2024 was previously disclosed by the IMF.

These discussions are critical for evaluating the economic situation in Ukraine and determining necessary support for the country. The support from the IMF plays a vital role in helping Ukraine address its economic challenges and achieve its policy objectives. It also reflects ongoing cooperation and partnership between Ukraine and the IMF.

By Editor

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