The payout follows the IMF’s sixth review of the EFF program, which concluded that Ukraine continues to meet its policy commitments despite a challenging environment. “The economic performance remains resilient, and quantitative and structural benchmarks through end-September have been met,” the Fund noted.
IMF Managing Director Kristalina Georgieva praised the Ukrainian government for maintaining “macroeconomic stability” through adept policy measures and substantial external support. “The war continues to exact a devastating social and economic toll on Ukraine,” Georgieva said. “Nevertheless, macroeconomic stability is being maintained.”
The IMF also emphasized Ukraine’s need for sustained reforms and better domestic revenue mobilization. These efforts, the statement said, are essential for preserving macroeconomic stability, rebuilding public finances and debt sustainability, and improving governance.
With this latest tranche, the total amount disbursed to Ukraine through the EFF has reached $9.8 billion, underscoring international financial institutions’ ongoing commitment to supporting the war-torn nation.
(jh)
Source: PAP