Ukraine is awaiting the IMF's decision on a $690 million tranche
Ukraine expects the International Monetary Fund to approve a new tranche of $690 million by mid-July. The decision is to be made by the IMF Executive Board following the completion of the program review. The parties have already agreed on the key parameters and next steps for reforms.
Ukraine expects to receive the next financial tranche from the IMF in the amount of $690 million after the Fund’s Executive Board reviews and approves the results of the review of the cooperation program, which is expected by mid-July.
This was reported by Ukrainian Prime Minister Yulia Svyrydenko, who noted that the parties have already reached staff-level agreements on the second review of the Extended Fund Facility (EFF) program and have agreed on further financing. “The IMF Executive Board meeting, which is expected to approve the next tranche for Ukraine in the amount of $690 million, is expected as early as mid-July,” Svyrydenko wrote.
During talks with IMF First Deputy Managing Director Dan Katz, the parties discussed not only the current phase of the program but also the overall framework for future cooperation, which envisages the continuation of structural reforms and the strengthening of Ukraine’s financial system. The government emphasizes that sustained macrofinancial stability should serve as the foundation for broader economic recovery, the attraction of private investment, and business development, especially in the context of large-scale post-war reconstruction.
Separately, the parties agreed to prepare for the next program reviews, which will involve the further implementation of reforms aimed at strengthening the country’s financial stability and creating conditions for economic growth in the medium term. Ukrainian Prime Minister Yulia Svyrydenko announced this on Friday.
In the Bashtanka community in the Mykolaiv region, a project has begun to build a modern radiation shelter for the local high school, which is being implemented with the support of international partners and is estimated to cost 152 million hryvnias.
