Ukraine and the International Monetary Fund (IMF) have reached a preliminary agreement to unseal a $2.2 billion chunk of a four-year loan to help cover the war-torn country’s budget. The payout is part of the IMF's Extended Fund Facility (EFF) and comes after Ukraine successfully met the terms of an existing loan program. Prime Minister Denys Shmyhal announced the agreement on social media on May 31. The Washington-based financial institution confirmed the payout following a five-day staff mission to the country. The IMF helps countries manage their economies by providing loans and financial advice.
IMF DOLES OUT $2.2B TO UKRAINE
🇺🇦 UKRAINE TO RECEIVE $2.2 BILLION IMF PAYOUT Ukraine is set to receive a $2.2 billion payout from the International Monetary Fund after meeting the terms of an existing loan program. The IMF helps countries manage their economies by providing loans and financial advice. This… https://t.co/Iph4EQ2Xgt
JUST IN: Ukraine set to receive $2.2 billion from the IMF
Ukraine is set to receive a $2.2 billion payout from the IMF after successfully meeting the terms of an existing loan program, the Washington-based financial institution said following of a five-day staff mission to the country https://t.co/veCxmjcIjZ
⚡️Ukraine to receive $2.2 billion from IMF's Extended Fund Facility. Ukraine is set to receive $2.2 billion from the IMF's Extended Fund Facility (EFF), Prime Minister Denys Shmyhal announced on social media on May 31. https://t.co/hO5yTbSEIH
Ukraine and the International Monetary Fund reached a preliminary agreement to unseal a $2.2 billion chunk of a four-year loan to help cover the war-torn country’s budget. https://t.co/PnOGGgYEU3