The IMF and Ukraine are preparing for the next disbursement from the IMF.

On September 25, The IMF announced the start of technical discussions with Ukrainian authorities on the allocation of the third tranche through their credit program.

“Discussions will cover the latest economic developments of fiscal and budgetary, financial and structural measures in the context of preparations for the 2023 consultations under Article IV of the IMF Agreement and for the second review of the extended financing program,” the IMF reported.

Ukraine received the second tranche of $890M from the IMF at the end of June and the first tranche of $2.7B immediately after the approval of the program in early April.

After the first review of the credit program, which resulted in the allocation of the second tranche, the IMF expanded the list of Ukraine’s requirements. Initially, the terms of the new credit program contained 19 structural beacons, which Ukraine undertook to fulfill within the next 15 months. After the first review, their number increased to 23.