IMF

IMF approves new tranche of $1.1 billion for Ukraine

The International Monetary Fund (IMF) approved the fifth review of its four-year Extended Fund Facility (EFF) program for Ukraine on Oct.18, allowing the country to receive a new tranche of $1.1 billion, Deutsche Welle reported.

19 October 2024, 04:55 PM

IMF halts planned mission to Russia after facing backlash, citing 'technical reasons'

The International Monetary Fund (IMF) has delayed its planned mission to Russia indefinitely due to "technical reasons", Aleksei Mozhin, Russia's Executive Director at the IMF, Russian media and Liga.net reported on Sept. 18.

18 September 2024, 12:49 PM

IMF faces backlash from EU nations over move to reengage with Russia amid ongoing war

Several European Union countries are planning to challenge the International Monetary Fund’s decision to restore economic cooperation with Moscow in the wake of Russia’s invasion of Ukraine, Bloomberg reported on Sep. 12.

13 September 2024, 03:21 PM

Kyiv urges IMF to halt consultations with Russia amid mission plans

The Ukrainian National Bank (NBU) Chairman Andriy Pyshnyi and Finance Minister Serhiy Marchenko have called on the International Monetary Fund (IMF) to halt plans to send a mission to Russia for consultations.

12 September 2024, 10:09 AM

IMF forecasts Ukraine’s economy to grow 3% in 2024 with inflation rising to 9%

The Ukrainian economy is expected to grow by 3% in 2024, with inflation accelerating to 9%, according to the IMF's forecast, revised from earlier estimates of 2.5%-3.5% GDP growth and 8% inflation, the NBU reported on Sept. 11.

11 September 2024, 10:55 AM

Ukraine's international reserves surge by over $5 billion, reaching new heights — NBU

Ukraine's international reserves have risen by 13.7%, or $5.1 billion, reaching $42.33 billion as of August, Ukraine's National Bank (NBU) wrote in its official statement on Sept. 6.

9 September 2024, 10:55 AM

‘Absurd’ for IMF to resume operations in Russia, Ukraine says

IMF’s plans to reopen its mission in Russia are “absurd” and would “legitimize the Russian regime,” Ukraine’s Foreign Ministry said in a statement on Sept. 5.

5 September 2024, 11:22 PM

Ukraine’s debt shrinks by $9 billion after restructuring

Ukraine has completed debt restructuring and settled payments for 13 issues of government and state-guaranteed Eurobonds, the Finance Ministry announced on Sept. 4.

4 September 2024, 08:35 PM

Over $1 billion at stake: IMF begins discussions on next tranche for Ukraine

On Sept. 4, the IMF mission led by Gavin Gray began discussions with Ukrainian authorities in Kyiv as part of the fifth review of the Extended Fund Facility (EFF) program.

4 September 2024, 02:04 PM

IMF Ukraine mission begins EFF program review

The International Monetary Fund (IMF) mission in Kyiv has started the fifth review of the Extended Fund Facility (EFF) program, which could allow Ukraine to secure $1.1 billion in loans this year, Ukrainian PM Denys Shmyhal announced on Sept. 2.

2 September 2024, 10:11 PM

IMF delegation to visit Ukraine next week

An IMF delegation will visit Ukraine to review the country’s budgetary planning and determine whether to allocate an additional $1.1 billion under Extended Fund Facility (EFF) program, Bloomberg reported on Aug. 28.

29 August 2024, 02:08 AM

IMF endorses Ukraine’s tax hike

The Ukrainian government’s ability to boost tax revenues is important for maintaining Western financial aid to Kyiv, Gavin Gray, head of the IMF mission in Ukraine, said on Aug. 21.

22 August 2024, 02:06 AM

Zelenskyy suspends Ukraine's foreign debt payments until October

Ukrainian President Volodymyr Zelenskyy has signed law No. 11396, which allows the government to suspend payments on external public debt until October 1. The document was posted on the parliament's website on July 31.

1 August 2024, 10:21 AM

IMF maintains 2024 GDP growth forecast, warns of inflation risks

The International Monetary Fund has reaffirmed its forecast of global GDP growth at 3.2% for 2024, highlighting increased risks of inflation that could prolong high interest rates, IMF Chief Economist Pierre-Olivier Gourinchas said during the presentation of the updated World Economic Outlook (WEO), Ukrinform reported on July 16.

17 July 2024, 12:55 PM

Ukraine receives $2.2 billion tranche from IMF

Ukraine received a $2.2 billion tranche from the International Monetary Fund (IMF), Ukrainian Prime Minister Denys Shmyhal reported on Telegram on July 3.

3 July 2024, 01:28 PM

IMF predicts Russia-Ukraine war may last until 2025, economic shock ahead

Russia's war against Ukraine could conclude by the end of 2025, while the economic shock caused by the war might begin as early as the third quarter of 2024, according to the downside scenario of the IMF's (International Monetary Fund) forecasts on the state of the Ukrainian economy, published on June 28.

2 July 2024, 04:58 PM

Ukrainians to experience energy deficit until 2026 - IMF memorandum

Energy deficit in Ukraine, caused by devastating Russian attacks on energy infrastructure, will persist until 2026, IMF updated memorandum on economic and financial policy wrote on June 28.

1 July 2024, 11:25 AM

$2.2 billion IMF Ukraine aid tranche imminent

The IMF's Executive Board has approved the fourth review of the funding program for Ukraine, paving the way for a $2.2 billion financing tranche in the near future, Ukrainian MP Yaroslav Zheleznyak reported on June 28.

29 June 2024, 02:38 AM

Parliament’s promising reform of Economic Security Bureau

The final round of talks between government officials and G7 ambassadors regarding the reform of Ukraine’s Economic Security Bureau (ESB) was tense and even threatened the 15$ billion IMF program.

21 June 2024, 11:36 PM

IMF nears approval of $2.2 billion aid tranche for Ukraine

The International Monetary Fund (IMF) is poised to finalize its fourth review of the Extended Fund Facility (EFF) for Ukraine and is expected to disburse a fifth tranche worth approximately $2.2 billion in the coming days,, reported head of the National Bank of Ukraine Andriy Pyshnyi on Facebook on June 20.

21 June 2024, 05:51 PM

IMF

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