Ukraine and the International Monetary Fund (IMF) have reached the staff level on the seventh review of the Extended Financing Mechanism (EFF). The Prime Minister of Ukraine Denis Shmigal has informed about it through his page in telegrams, emphasizing that the successful passage of viewing will ensure Ukraine of receiving another tranche of $ 917.5 million.
Schmigal stressed that the total volume of the program is about $ 15.5 billion, and added that the tranche will arrive after approval of the results of the seventh review by the IMF Directors.
This tranche is an important step to strengthen Ukraine's financial stability in a difficult economic situation and military challenges. The funds received will help to cover budget deficits and support economic reform in the country.
