Ukraine has fulfilled all obligations for the third revision of the EFF extended financing program and expects a positive decision by the Executive Board of the International Monetary Fund (IMF) on the allocation of the fourth tranche of about $900 million in the near future, Finance Minister Serhiy Marchenko said.
“We are expecting a meeting of the board of the International Monetary Fund in the near future. It seems to me that the date of such a meeting is planned for March 21, at which a decision on Ukraine will be made,” he said on the national telethon.
According to Marchenko, these funds will be received immediately after a successful discussion at the Executive Board.
“So far we are fulfilling all our obligations. And I don’t see any particular problems for us to continue to fulfill these obligations in 2024,” the Minister of Finance emphasized, predicting further cooperation with the IMF under the EFF program.
He also noted that Ukraine still considers the basic option of receiving direct budget support from the United States this year, about which it receives constant assurances from the American side.
“We hope that a solution will be found in the lower house (of the U.S. Congress). There is now every reason for this. We hope that direct budget support will continue, this is important for cooperation with the IMF, for forming a pool of partners,” Marchenko said.
