Zelensky announced a new IMF tranche for Ukraine in the amount of about $ 700 million – RBC

The Board of Directors of the International Monetary Fund has completed the revision of the program on the allocation of a tranche to Ukraine in the amount of about $ 700 million. stated Ukrainian President Volodymyr Zelensky on his Twitter.

“We will use these funds to support the financial system and combat the impact of COVID-19. The IMF program will continue, ”the Ukrainian president wrote.

Ukraine and the IMF tentatively agree on a tranche of $ 700 million

Vladimir Zelensky

Provision of a tranche to Ukraine confirmed to the press service of the foundation. “Completion of the review allows the authorities to allocate an amount equivalent to approximately $ 699 million,” the IMF said in a statement.

In addition, the board of the fund approved the extension of the reserve lending agreement for Ukraine until the end of June 2022 and the redistribution of payments under the program.

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