Approval from the IMF to a financing package of 15.6 billion dollars for Ukraine

In the statement made by the IMF, it was reported that 48-month financing of 15.6 billion dollars was approved as part of a total support package of 115 billion dollars for Ukraine.

In the statement, it was stated that the decision of the Board of Executive Directors allowed the immediate payment of approximately $2.7 billion.

In the statement, it was stated that the aim of the financing package was to maintain economic and financial stability in a period of extremely high uncertainty, to ensure debt sustainability and to encourage reforms that support Ukraine’s recovery on the path to European Union (EU) accession in the post-war period.

The IMF announced last week that an agreement was reached with Ukraine for the financing package in question.

At the request of the Ukrainian authorities, it was reported that the IMF delegation led by Gavin Gray held talks with the Ukrainian authorities in Poland on March 8-15 about a 4-year economic program.