• Phone: +38 0 676 54 03 77

Ukraine since the beginning of the year has received from foreign creditors $ 6 billion.

Ukraine since the beginning of the year has received from foreign creditors $ 6 billion.

Posted in News.

Of the $ 40 billion total package of financial assistance to Ukraine opened in 4 years with the condition of the implementation of the reform program, Ukraine received $ 5 billion of the IMF and $ 1 billion – from the US government
 Ukraine since the beginning of the year has received from foreign creditors $ 6 billion, including $ 5 billion of the first tranche of EFF program with the International Monetary Fund and the $ 1 billion in financial guarantees from the US government.
As reported, Ukraine and the IMF jointly implement the reform program involves the allocation of our country $ 17.5 billion of credit for 4 years. The first tranche in the amount of 5 billion Ukraine received immediately after the approval of the program – in March of this year. In May, in Kiev, the IMF mission worked, whose task was to assess the economic situation in Ukraine and the implementation of reforms. Mission on the results of worsened its forecast of economic development of our country due to the ongoing war in the east, but said about signs of economic stabilization, which can be the basis for further growth if the escalation of the conflict will be stopped.
The mission report will be considered at a meeting of the Board of Directors of the Fund, the date of which has not yet been determined. Decision of the Board will be selected or deselected to Ukraine the second tranche of $ 1.7 billion.
In addition, on May 22 in the framework of the summit of “Eastern Partnership” in Riga Ukraine and the EU signed a Memorandum of Understanding on providing macro-financial assistance to Kiev in the amount of 1.8 billion euros.
June 18 the Verkhovna Rada ratified the memorandum. Deputy Finance Minister, Arsen Shevelev noted that the receipt of funds is expected in three tranches of 600 million euros. According to him, the first tranche will be received immediately after the internal procedure of this memorandum. EU funds are allocated for 15 years at 2% per annum.

WhatsApp chat
Rambler's Top100