Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Kyiv, February 28 (Xinhua) — The Board of Directors of the International Monetary Fund (IMF) approved a new four-year Extended Fund Facility (EFF) for Ukraine in the amount of approximately $8.1 billion (5.9 billion SDRs). This was reported on Friday by the Interfax-Ukraine news agency, adding that the first tranche of approximately $1.5 billion will be disbursed shortly.
The Ukrainian Ministry of Finance noted that the new program will be aimed at implementing a balanced fiscal policy, ensuring price stability, preventing external imbalances, and supporting the financial sector.
Furthermore, the program will facilitate the receipt of large-scale external financial assistance to cover Ukraine's state budget needs. According to joint estimates by the Ukrainian government and the IMF, Kyiv will need to attract approximately $136.5 billion from its partners between 2026 and 2029.
Separately, the Ministry of Finance noted that Ukraine's previous cooperation program with the fund, approved in 2023, had to be cancelled, since it was based on the scenario of ending the active phase of the Russian-Ukrainian armed conflict and transitioning to large-scale reconstruction.
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