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First tranche of $2.7bn from IMF transferred to Ukrainian budget

Ukraine has received funds under a new four-year Extended Fund Facility programme.

First tranche of $2.7bn from IMF transferred to Ukrainian budget
Photo: publika.md

On 3 April, the general fund of the state budget of Ukraine received the first tranche of $2.7bn from the International Monetary Fund, the Ministry of Finance has said.

The funds were allocated under the new four-year Extended Fund Facility (EFF) programme, which totals $15.6bn.

According to Minister of Finance Serhiy Marchenko, the funds will help to ensure the priority expenditures of the state budget.

Last week, the IMF Executive Board approved the launch of a new support programme for Ukraine in the amount of $15.6bn.

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