Staff from the International Monetary Fund (IMF) and Ukrainian officials reached agreement on an updated set of economic and financial policies for the second review of the four-year Extended Fund Facility to allow disbursement of $900 million in funding, subject to approval by the IMF board. The IMF on November 10 said performance criteria for end-June and indicative targets for end-September were met. “The Ukrainian economy continues to show remarkable resilience, and recent economic developments point to a stronger-than-expected economic recovery in 2023, with continued, albeit softer growth in 2024. However, the outlook remains extremely uncertain as exceptionally high war-related uncertainty persists,” it said.
