This brings the amount disbursed to Ukraine to $8.7 billion out of $15.6 billion stipulated in the program.
This program is part of a large international aid plan totaling $122 billion, approved in March 2023 by all countries that have supported Ukraine since the beginning. The Russian-Ukrainian war In February 2022.
“The Ukrainian government’s performance and commitment under the program remain strong, all performance criteria have been met and the September criteria appear to be on the right track,” IMF Director Kristalina Georgieva said in a statement.
But she added that, given the impact of the ongoing war, “economic recovery is likely to slow due to the impact of attacks on energy infrastructure,” noting that “the risk to the outlook remains high.”
Among the recent measures, the Ukrainian government announced at the end of July that it had reached an agreement to partially restructure its external debt worth $20 billion.
Description International Monetary Fund The agreement is considered “an important step in the authorities’ general strategy to restore debt sustainability.”
