Conditions for receiving assistance from the IMF
solvedWhat does the new IMF program for $8.2 billion mean for Ukraine? How will it affect the state budget and economic stability?
Answers
Ukraine and the International Monetary Fund (IMF) have reached a staff-level agreement on a new support program. It is designed for 4 years. This program will help finance critical expenditures, maintain macro-financial stability, and attract additional external support, which is critically important for us in the coming years. The new agreement with the International Monetary Fund provides for a series of fiscal and monetary policy measures that are to become the basis of the program. The main goals are defined as supporting macroeconomic stability, restoring Ukraine's debt and external sustainability, as well as combating corruption and improving the quality of governance.