IMF mission resumes its work in Ukraine

IMF mission resumes its work in Ukraine

Ukrinform
On Monday, January 11, an IMF Europe Office mission for the first revision of the Stand-By Arrangement (SBA) has resumed its work in Ukraine and is planning to hold a series of meetings with government officials.

"A mission of the Europe Office of the International Monetary Fund (IMF) for the first revision of the Stand-By Arrangement (SBA) for Ukraine resumed its work today with meetings with government officials," the IMF Office in Ukraine reported.

Since December 21, 2020, the IMF mission worked in Ukraine remotely due to COVID-19, but then took a break for the holidays.

On June 9, the IMF Executive Board approved a new 18-month Stand-By Arrangement for Ukraine with total funding of $5 billion. On June 12, Ukraine received the first tranche of $2.1 billion.

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