IMF to assess the state of Ukraine's economy as part of the lending programme
The Fund will launch a new mission to Ukraine in the coming weeks
The International Monetary Fund will launch a new mission to Ukraine in the coming weeks to assess the state of the economy and performance of the war-torn country as part of a $15.6 billion loan programme.
Source. This was reported by IMF representative Julie Kozak, cited by the BBC.
This is the largest four-year IMF loan for Ukraine since the beginning of the Russian invasion and was approved in March 2023.
It is also the first IMF-approved loan for a country in which hostilities are ongoing.
According to Kozak, the mission will assess the latest economic developments in Ukraine and review its macroeconomic parameters and debt sustainability analysis.
As part of the IMF's lending programme, Ukraine must take measures to maintain fiscal, external, price and financial stability, as well as carry out broader reforms to maintain macroeconomic stability.
Background. As reported, foreign bondholders, including BlackRock and Pimco, are planning to put pressure on Ukraine to start paying interest on its debt again next year.
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