The IMF approves a decision to allocate $890M to Ukraine. The IMF approved the decision to allocate another tranche to Ukraine within the framework of the extended financing program in the amount of $890 million. “The Executive Board of the IMF complet... #EFFprogram #financialaidforUkraine #imf #IMFaidforUkraine
The IMF and Ukrainian authorities have agreed on $20B in funding for budgetary needs. Ukraine reached a preliminary agreement with the International Monetary Fund that may open a path to a financial lifeline as the war-battered nation seeks as much as $20B to shore up its reserves and... #GavinGray #IMFaidforUkraine #IMFandUkraine
IMF chief says Ukraine manages its finances well but needs more money. International Monetary Fund Managing Director Kristalina Georgieva said that while Ukraine has managed its economy responsibly, huge sums will be needed to support the country. Ukraine will require $... #financialaidforUkraine #IMFaidforUkraine #KristalinaGeorgieva #Zelenskyy
The IMF might give Ukraine $1.3B at the end of the week. The Executive Board of the International Monetary Fund will consider Ukraine’s request for additional assistance under the emergency financing program on October 7. IMF staff have prepared the n... #IMFaidforUkraine #IMFprogramm
Ukraine is applying for $1.3B in emergency aid from IMF. On September 30, the Board of Executive Directors of the IMF approved the expansion of anti-crisis financing instruments, which will enable Ukraine to apply for a new tranche of aid within the scope o... #IMFaidforUkraine #KyryloShevchenko
The IMF will start work on a new program for Ukraine. During his visit to New York, the Prime Minister of Ukraine, Denys Shmyhal, discussed the prospects of bilateral cooperation with the Managing Director of the IMF, Kristalina Georgieva. As the governm... #DenysShmyhal #IMFaidforUkraine #KristalinaGeorgieva
Ukraine will receive $1.4B in aid from the IMF within a month. On September 13, President of Ukraine Volodymyr Zelenskyy and Managing Director of the International Monetary Fund Kristalina Georgieva discussed the prospects of financial cooperation. Zelensky thank... #IMFaidforUkraine #KristalinaGeorgieva #Zelenskyy
The IMF plans to discuss emergency assistance for Ukraine. The International Monetary Fund, at an informal meeting of the Board of Directors, will consider a plan to provide emergency financing to countries affected by Russia’s war against Ukraine. In p... #IMFaidforUkraine #IMFmeeting
Ukraine criticizes the IMF for slow progress in providing assistance. Ukraine’s prime minister Denys Shmyhal condemned the International Monetary Fund’s slow progress in moving forward with a new assistance package for the war-torn nation. Shmyhal said that the Washing... #DenysShmyhal #IMFaidforUkraine
Ukraine is discussing a new $20B program with the IMF. By the end of the year, Ukraine hopes to sign a new large-scale program with the International Monetary Fund. Currently, consultations are ongoing with the IMF regarding this program, which could amou... #IMFaidforUkraine #IMFprogramforUkraine #UkraineEconomyStabilization
The IMF has agreed to allocate $700 million to Ukraine. Following the first revision of the stand-by program (SBA), the International Monetary Fund agreed to provide Ukraine with a loan tranche of about $700 mln, according to the fund’s press service... #IMFaidforUkraine #IMFandUkraine #сьогоднівукраїні imf
The G7 ambassadors discussed the implementation of the Stand-by Agreement with the head of Ukraine’s IMF mission. The ambassadors were pleased to hear about Ukraine’s fulfillment of some conditions of the Stand-by Agreement, including steps regarding the banking sector and the Deposit Guarantee Fund, the st... #imf #IMFaidforUkraine #сьогоднівукраїні imf
Ukraine may receive $ 1.4 billion from the IMF in October-December 2021, predicted JP Morgan. “We believe that the IMF will pay a tranche of $1.4 billion in the fourth quarter of 2021 but is considering a possible range of this amount from $1 bill... #imf #IMFaidforUkraine #IMFnadUkraine #сьогоднівукраїні imf
What IMF assistance will be used for. According to Prime Minister Denys Shmyhal , the $2.7 billion in non-refundable financial assistance received from the International Monetary Fund in August will be used to contribute to macroeconomic ... #IMFaidforUkraine #IMFinUkraine #IMFmoney #IMFmoneyusage
In Washington, the IMF Board of Governors approved Monday night a general allocation of Special Drawing Rights equivalent to $650 billion to boost global liquidity . According to country quotas, Ukraine gets 4%, or $2.7 billion. “This is a historic decision – the largest SDR allocation in the history of the IMF and a shot in the arm for the global economy at a t... #imf #IMFaidforUkraine #IMFandUkraine
Presidential spokesman Serhiy Nykyforov noted the recent passage by the Rada of several free market reforms demanded by the IMF . In a briefing to reporters, he said: “The mission will remain satisfied, and the President’s Office has no doubts about this.” A favorable report by the IMF mission could unlock $700 million tranche... #IMFaidforUkraine #IMFandUkraine #IMFdeal #сьогоднівукраїні imf
“For Ukraine’s image in the West, this is not good news, ” he concludes. “However, for Ukraine’s public finances, this is not a big problem, as Ukraine counts on receiving about $2.9 billion from the IMF in the form of SDR allocation in the coming months.”... #IMFaidforUkraine #IMFandUkraine #UkraineFinances #UkraineImage
Arrival of a $700 million IMF tranche has been put off to the fall. After a telephone call with President Zelenskiy last night, IMF Managing Director Kristalina Georgieva tweeted praise for “Ukraine’s successful economic progress under the IMF program.” But she ... #IMFaidforUkraine #IMFandUkraine #IMFdeal
Failure to reach an agreement with the IMF and the resignation of one third of top officials at the bank over the last year are the leading complaints against Kyrylo Shevchenko, Governor of the National Bank of Ukraine, reports Economichna Pra... #imf #IMFagreementwithUkraine #IMFaidforUkraine
With the summer slipping away, the realistic scenario for Ukraine’s relationship with the IMF might be to convert Ukraine’s frozen Stand-By Arrangement into an Extended Fund Facility , wrote Timothy Ash, a veteran observer of Ukraine’s IMF deals. The IMF may “look to roll the monies into a new EFF to be negotiated towards year end – maybe that should now be the focus,” Ash w... #imf #IMFaidforUkraine #IMFdeal
Separately, Ukraine’s Finance Minister Serhiy Marchenko reported Friday that Ukraine and the IMF have reached a compromise on anti-corruption and corporate governance reforms. Last week, Marchenko had a series of meeting with IMF officials in Washington to try to restart the IMF lending program that stalled one year ago. The Finance Ministry statement concluded: “The partie... #IMFagreementwithUkraine #IMFaidforUkraine #IMFandUkraine2021
If both laws were deemed ‘IMF compliant,’ they would contribute to restarting in July the long dormant process of an IMF review and to the resumption of lending in September . Ukraine’s $5 billion IMF program stalled after a first tranche was disbursed one year ago. Compliance with an IMF program reassures foreign investors. Compliance would also change the dynamic of Pre... #imf #IMFaidforUkraine
Ukraine and IMF may reach a staff level agreement in the next few weeks, close to the one year anniversary of the $5 billion Stand-By Agreement, Yuriy Geletiy, Deputy Governor of the National Bank of Ukraine, announced in an interview with FinClub. Referring to reforms tha... #IMFaidforUkraine #IMFprogramm #nbu
Further IMF aid should be strictly tied to concrete progress by Ukraine in adopting EU-standard changes, Henrik Larsen, who served as an EU political adviser in Ukraine from 2014 to 2019, wrote in an Atlantic Council blog. Headlined ‘US Support for Ukraine Should be Ties to Reform Progress,’ the article ... #IMFaidforUkraine #надіїнатраншМВФ
