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IMF To Enable $900 Million Disbursement To Ukraine


An International Monetary Fund (IMF) mission has completed its first review of a $15.6 billion loan program for Ukraine, and the country has met the required conditions, paving the way for a payout of around $900 million, the IMF said on May 30. IMF staff have also raised their forecast for Ukraine's economic growth this year to a range entirely in positive territory from a previous prediction that was between -3 percent and +1 percent, the IMF said in a statement on the review of the four-year Extended Fund Facility Arrangement approved in March.

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