The Board of Executive Directors of the International Monetary Fund (IMF) approved the provision of additional assistance to countries suffering from a significant balance of payments deficit, within which Ukraine plans to receive $1.3 billion in assistance, the press service of the National Bank of Ukraine reported on Friday.
“Under this program, Ukraine will request about $1.3 billion in emergency financing from the IMF. After approval by the IMF Board of Executive Directors, these funds may arrive as early as October,” NBU Governor Kirill Shevchenko said.
He pointed out that the NBU hopes for an early start of work on a new full-fledged IMF program.
