Ukraine has received approximately $1.1 billion from the International Monetary Fund as the seventh tranche following the completion of the sixth review under the Extended Fund Facility (EFF) program, the Ukrainian Ministry of Finance reports.
Amid the ongoing Russo-Ukrainian war, the IMF’s Executive Board approved the four-year Extended Fund Facility program for Ukraine on 31 March 2023, providing approximately $15.5 billion in funding. Ukraine received its previous IMF tranche of about $1.1 billion in October 2024. Additionally, Ukraine received $4.8 billion from the World Bank on 27 November 2024 and a second tranche of 4.1 billion euros from the EU on 18 December after fulfilling all obligations.
Ukraine’s Prime Minister Denys Shmyhal confirmed on 23 December that the funds have already been credited to Ukrainian accounts and will be directed toward critical budget expenditures.
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