IMF to consider second stand-by tranche for Ukraine on November 22.

The IMF Board of Directors plans to approve the results of the first revision of the stand-by program on November 22. In June 2020, the IMF approved a stand-by program for Kyiv with a total volume of about $ 5 bln, immediately allocating the first tranche of funding for $ 2.1 bln. Four reviews of the implementation of the program conditions were scheduled for the allocation of the remaining four tranches. However, the agreed schedule was violated, and funding was suspended due to Ukraine’s failure to fulfill several obligations, announced IMF.